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Cardano's ADA shows technical signs of potential price drop amid whale sell-off and bearish signals.

Technical Signals
18 Aug 2026
Zycrypto
View Source
Bearish
pluang ai news

Cardano's ADA faces potential near-term price decline as large holders (whales) reduce their stakes, dropping from 2,370 to 2,340 holders of 1-10 million ADA. This selling pressure triggered a death cross in the MVRV ratio and a bearish signal from the Tom DeMark Sequential indicator, suggesting weakening momentum and possible price correction. If confirmed, ADA could fall to support levels around $0.170 or even $0.144. Currently, ADA trades at $0.1741, down 1.63% in 24 hours and 11.34% over the past week, reflecting market caution amid these technical warnings.

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