Is Cardano (ADA) Price Crash a 'Buying Opportunity'? Expert Weighs In

Crypto expert Nick Regan provided a YouTube video analysis of Cardano (ADA), examining the token's hourly and daily price trends.

Crypto expert Nick Regan has provided a YouTube video analysis of Cardano (ADA), examining the token’s hourly and daily price trends. The video offers both short-term trading opportunities and long-term investment insights, highlighting resistance levels, possible trading tactics, and the current market behavior of ADA.

Regan’s analysis serves as a road map for those considering future ADA trades, pinpointing important support and resistance levels as well as potential accumulation zones.

ADA’s Key Levels on Hourly Chart

Nick Regan’s analysis begins on the hourly chart, where he identifies critical resistance points for ADA. He observes that ADA is encountering resistance in the $0.325–$0.3287 range, which is further bolstered by the 50-day SMA and EMA. This resistance zone has exerted continuous downward pressure on the token, although the analyst suggests that the decline may not extend past recent lows.

On the other hand, support is noted around the $0.315–$0.317 range, where ADA has briefly recovered after touching previous resistance levels. Regan identifies a potential long trade, targeting $0.3173 with a stop-loss at $0.3148, suggesting a risk-reward ratio of 1.5 for traders looking to capitalize on this volatility.

Daily Chart Highlights Accumulation Potential

Regan’s analysis on the daily chart shifts to the longer-term prospects for ADA. For long-term investors, he determines that the current price range of $0.29 to $0.34 presents an optimal accumulation zone.

Furthermore, he interprets this price range as a possible buying opportunity within the current bearish market trends, and anticipates ADA to gain from any future market rallies.

While technical indicators such as the Stochastic RSI indicate that ADA is currently oversold, suggesting a possible upward momentum, volume patterns have remained low, reflecting the overall market cooling since the crypto bull run of 2021–2022.

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Market Context and Long-Term Outlook

The broader market’s consolidation phase and external macroeconomic conditions, such as the U.S. elections and Federal Reserve policies, have contributed to ADA’s current market positioning. Regan anticipates a market turnaround in 2025, with ADA poised to benefit from these shifts.

The analyst maintains a cautiously optimistic outlook, suggesting that ADA’s accumulation phase could yield significant returns in the future.

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