ADA turned bearish this week as sellers took over the price action.<\/p>\n
Key Support levels: $0.73, $0.65<\/strong><\/p>\n Key Resistance levels: $0.90<\/strong><\/p>\n The market-wide crash on Monday pushed ADA to 50 cents for a brief period which surprised many. This only confirmed the bearish trend that started a few days earlier when the support at 90 cents was lost. This level is now acting as a key resistance.<\/p>\n With buyers missing, the support levels will likely be put under test soon. The most likely level to stop this downtrend is found at 65 cents. That support has to hold if ADA is to attempt a recovery later. The alternative is a quick drop towards 50 cents as on Monday.<\/p>\n Even the most optimistic bulls are currently concerned with the bearish cross on the weekly MACD. This is a major signal that ADA\u2019s bullish momentum is over and sellers could dominate going forward for quite a while. If this weekly candle closes in red, then sellers will have confirmation that they took over the price action.<\/p>\n LIMITED OFFER for CryptoPotato readers at Bybit: Use this link<\/a> to register and open a $500 FREE position on any coin!<\/b><\/p>\n Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.<\/span><\/span><\/p>\n<\/div>\n1. Market Crash Pushes ADA Lower<\/h2>\n
2. Support Levels Under Pressure<\/h2>\n
![\"ADAUSDT_2025-02-05_14-37-37\"](\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/02\/ADAUSDT_2025-02-05_14-36-31.png\")
3. Weekly Bearish Cross is a Red Flag<\/h2>\n
\nBinance Free $600 (CryptoPotato Exclusive): Use this link<\/a> to register a new account and receive $600 exclusive welcome offer on Binance<\/b> (full details<\/a>).<\/p>\n