{"id":136618,"date":"2026-08-26T12:05:24","date_gmt":"2026-08-26T12:05:24","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=136618"},"modified":"2026-08-26T12:05:24","modified_gmt":"2026-08-26T12:05:24","slug":"cardano-ada-slips-6-in-24-hours-healthy-correction-or-the-return-of-the-bears","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=136618","title":{"rendered":"Cardano (ADA) Slips 6% in 24 Hours: Healthy Correction or the Return of the Bears?"},"content":{"rendered":"
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Cardano\u2019s native token has been on a tear over the past several days, but its rally stalled today (August 26) as the broader market pulled back a bit.<\/p>\n

While most analysts remain bullish on the asset, some believe a double-digit decline from the current levels could also be on the horizon.<\/p>\n

Bulls vs. Bears<\/h2>\n

ADA has soared by 22% over the past two weeks, following the market\u2019s revival prompted by the monetary changes announced<\/a> by the US Treasury Department, among other factors.<\/p>\n

At one point, the asset rocketed to a three-month high above $0.25, but the past 24 hours have delivered a correction. As of press time, ADA trades at around $0.21, representing a 6% decline on a daily scale and is among the biggest losers within that timeframe.<\/p>\n

X user SBlockSpy noted<\/a> that the token got rejected around $0.22 and is closely monitoring the pullback. They claimed that the move shows sellers are active and predicted a deeper downtrend to as low as $0.164 if the dump continues. At the same time, the analyst believes that if buyers step up here, they might trigger an initial surge to $0.24, then $0.30.<\/p>\n

Rand Group also recently chipped in. Earlier this week, the X user highlighted<\/a> ADA\u2019s strong breakout, claiming it has breached the main downtrend resistance. However, they remain uninterested in the asset until it consolidates above the $0.25 resistance.<\/p>\n

For their part, More Crypto Online cast doubt on whether a certain \u201cB-wave\u201d pullback has begun, adding<\/a> that as long as ADA holds above $0.157, the upside momentum remains and could push the price to the $0.314-$0.404 range.<\/p>\n

Entirely Optimistic Forecasts<\/h2>\n

It is important to note that other popular X users stand firmly on the bullish side. Earlier this month, Lucky told<\/a> their nearly two million followers that ADA is among their \u201chot picks,\u201d envisioning a short-term ascent to almost $0.50. The last time the token traded that high was in November last year.<\/p>\n

CW is another optimist. The analyst opined<\/a> that ADA has broken through a major resistance line and transitioned into a bullish trend.<\/p>\n

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\u201cThe long downtrend is over. The real bull market has begun,\u201d they added.<\/p>\n<\/blockquote>\n

The post Cardano (ADA) Slips 6% in 24 Hours: Healthy Correction or the Return of the Bears?<\/a> appeared first on CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Cardano\u2019s native token has been on a tear over the past several days, but its rally stalled today (August 26) as the broader market pulled back a bit. While most analysts remain bullish on the asset, some believe a double-digit decline from the current levels could also be on the horizon. Bulls vs. Bears ADA […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":1,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-136618","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/136618","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=136618"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/136618\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=136618"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=136618"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=136618"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}