
Cardano (ADA) is facing renewed bearish pressure as long-term holders (LTHs) begin to register losses for the first time in three months. The recent lack of price growth has erased earlier gains, signaling that investor confidence may be weakening. This downturn could hinder ADA’s chances of recovery if selling pressure increases. Cardano Holders Are Losing Strength The MVRV Long/Short Difference indicates that Cardano’s long-term holders are starting to lose profitability. The metric, which compares the average profit of LTHs and short-term holders (STHs), shows a sharp decline following ADA’s recent pullback. As a result, many long-term investors are now holding below their cost basis, reducing their incentive to stay in the market. This environment opens opportunities for short-term traders seeking to buy at lower prices. However, their tendency to take profits quickly could limit ADA’s potential for sustained recovery. If these STHs sell at the first sign of upward movement, they could reinforce selling pressure, capping Cardano’s ability to regain lost ground. Cardano MVRV Long/Short Difference. Source: Santiment Cardano’s macro momentum also appears bearish according to the Relative Strength Index (RSI). The RSI currently sits below the neutral 50.0 mark, signaling that bearish sentiment continues to dominate market activity. This indicates that ADA is struggling to attract enough buying pressure to counter recent declines. A prolonged stay in the negative RSI zone often correlates with extended consolidation phases or further corrections. Without renewed investor interest or an improvement in trading volume, Cardano’s price could remain subdued. Cardano RSI. Source: TradingView ADA Price Might Have To Wait A Little At the time of writing, Cardano’s price stands at $0.645, holding slightly above the key support at $0.623. However, the altcoin remains trapped below resistance levels at $0.667 and $0.699, which continue to limit upward movement. Even if ADA avoids a breakdown below $0.623, its price may continue to consolidate. Such movement would keep Cardano in a neutral to bearish phase. This would preventing ADA from achieving a strong rebound in the short term. Cardano Price Analysis. Source: TradingView The only path to recovery lies in a decisive breakout above $0.699, potentially pushing ADA toward $0.754. For this to happen, short-term holders must resist the urge to sell early, allowing Cardano to sustain momentum and rebuild bullish confidence. The post Cardano LTHs Witness First Losses In 3 Months, Price May Suffer appeared first on BeInCrypto.
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