Cardano

Version

BULL

<p>Cardano is trying to stabilize after one of its toughest weeks in years. <a href="https://captainaltcoin.com/is-the-worst-finally-over-for-cardano-heres-what-the-ada-charts-say/" rel="noopener noreferrer nofollow">The ADA price</a> crashed to $0.139, its lowest level since 2020, after a security breach tied to the SecondFi wallet ecosystem led to the theft of 16 million ADA, with total exposure estimated at as much as 129 million ADA worth roughly $20 million.&nbsp;</p>
<p>The fallout pushed sentiment deeper into bearish territory and extended Cardano’s multi-year decline. Even so, the <a href="https://captainaltcoin.com/cardano-ada-price-prediction/" rel="noopener noreferrer nofollow">ADA</a> price has bounced back to around $0.1482, up more than 1.5% over the past day.&nbsp;</p>
<p>Trading data paints a mixed picture. Across the last 18 months, buy activity accounted for 48.6% of volume compared to 51.4% selling pressure, showing persistent distribution despite periodic rallies. That backdrop is raising questions about whether this recovery is the start of a turnaround or a classic bull trap.</p>
<h2 class="wp-block-heading" id="ada-price-faces-bull-trap-risk-despite-td-sequential-buy-signal">ADA Price Faces Bull Trap Risk Despite TD Sequential Buy Signal</h2>
<p>Crypto analyst Ali Martinez believes traders should remain cautious despite a fresh TD Sequential buy signal appearing on the daily chart. The indicator is often used to identify exhaustion in downtrends and potential reversal points. Following ADA’s collapse to multi-year lows, the signal points to the possibility of a relief rally in the short term.</p>
<blockquote class="twitter-tweet">
 <p>CARDANO: BULL TRAP?<br><br>Despite the recent security breach of a Cardano-based wallet protocol resulting in the exploit of nearly 129 million <a href="https://x.com/search?q=%24ADA&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$ADA</a> (worth roughly $20 million), the daily chart has flashed a TD Sequential buy signal.<br><br>While this indicator signals a near-term bounce,… <a href="https://t.co/Uxt4ZsERbn" rel="noopener noreferrer nofollow">https://t.co/Uxt4ZsERbn</a><a href="https://t.co/d7a9inL3eQ" rel="noopener noreferrer nofollow">pic.twitter.com/d7a9inL3eQ</a></p>— Ali Charts (@alicharts) <a href="https://x.com/alicharts/status/2070073961816191298?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">June 25, 2026</a>
</blockquote>
<p>The concern is that the broader trend remains firmly bearish. The security breach damaged confidence, and the ADA price continues to trade beneath key resistance zones that have rejected previous recovery attempts. In that environment, technical buy signals can attract traders looking for a quick rebound without changing the larger market structure.</p>
<p>Ali identified the $0.160 to $0.176 range as the key area to watch. A move into that zone could trigger profit-taking and fresh selling pressure. If <a href="https://captainaltcoin.com/cardano-just-connected-something-banks-may-actually-care-about/" rel="noopener noreferrer nofollow">the Cardano price</a> fails to break above $0.176, the bounce may simply become a trap that draws buyers into the market before another leg lower develops.</p>
<h2 class="wp-block-heading" id="cardano-price-news-exploit-fallout-meets-development-progress">Cardano Price News: Exploit Fallout Meets Development Progress</h2>
<p>The SecondFi exploit remains the biggest factor weighing on sentiment. Investigations revealed that 16 million ADA were drained across 374 addresses through a vulnerability linked to wallet generation software.</p>
<p>A glitch in Cardano’s system messed with 196 transactions and 178 staking keys. Maybe 129 million ADA got caught up in it. People started moving their coins fast once they heard, trading volume shot up 25% in one day to over $400 million. But even with all that action, the price still dropped 1.4%.</p>
<p>The hard truth is bigger. Since hitting $3 back in 2021, Cardano has lost about $85 billion in value. Its market cap went from over $91 billion down to around $5.7 billion. That means it’s down roughly 95% from its best days.</p>
<p>Volatility remains elevated, with ADA posting 17.01% volatility over the past 30 days and only 9 of those sessions closing in positive territory.</p>
<p>Not all developments have been negative. The network launched the Musashi Dojo testnet for Ouroboros Leios scaling research, a major step toward higher throughput. Governance activity continues as well, with 81% of blocks now running Protocol Version 11.&nbsp;</p>
<p>Whale behavior has also offered a brighter signal, with $4.63 million worth of ADA leaving exchanges in a single day, indicating accumulation despite price weakness. Also, governance disagreements and the cancellation of the 2026 Singapore summit after a proposal failed to meet the required 66.67% DRep approval threshold have added uncertainty.</p>
<h2 class="wp-block-heading" id="cardano-chart-analysis-can-ada-break-resistance">Cardano Chart Analysis: Can ADA Break Resistance?</h2>
<p>We had a look at the chart, and the trend remains decisively bearish despite the latest bounce. The chart shows a steady sequence of lower highs and lower lows stretching back several months. The recovery from $0.139 has been modest and has not yet changed the overall structure.</p>
<p>Some signs point to a possible bounce. The stochastic oscillator climbed out of oversold territory, that means buyers are starting to come back. But don’t get too excited. The momentum isn’t strong enough yet to call it a real turnaround.</p>
<p><strong><em>Related Cardano news: </em></strong><a href="https://captainaltcoin.com/cardano-is-dead-one-analyst-says-ada-is-delusional-another-fires-back/" rel="noopener noreferrer nofollow"><strong><em>Cardano Is Dead? One Analyst Says ADA Is “Delusional”, Another Fires Back</em></strong></a></p>
<figure class="wp-block-image aligncenter size-large"><img width="1024" height="558" src="https://captainaltcoin.com/wp-content/uploads/2026/06/image-838-1024x558.png" alt="">
 <figcaption><strong><em>Source: <a href="https://captainaltcoin.com/go/tradingview-3/" rel="noopener noreferrer nofollow">Tradingview.com</a></em></strong>
 </figcaption>
</figure>
<p>The big floor to watch is $0.1485. If that breaks, the Cardano price could drop to new lows for this cycle. Upward, the first hurdle is $0.160.&nbsp;</p>
<p>After that comes the bigger test at $0.1685, right near the 50-day average. If price clears both, the bulls have something to work with. If not, it fits the bull trap idea that Ali was talking about.</p>
<h2 class="wp-block-heading" id="cardano-price-outlook-bull-trap-risk-remains-elevated">Cardano Price Outlook: Bull Trap Risk Remains Elevated</h2>
<p>The ADA price has found some breathing room after an aggressive selloff, but the market still faces major hurdles.</p>
<p>The exploit, the shaky setup, the wild price swings, and more people betting <a href="https://coinmarketcap.com/currencies/cardano/" rel="noopener noreferrer nofollow">against ADA</a>, none of that has gone away. Even with this bounce, the pressure hasn’t let up.</p>
<p>For now, watch the $0.160 to $0.176 zone closely. If price cuts through that cleanly, it could lift the mood and give room for a bigger rebound.</p>
<p>If rejection appears in that range, the odds of another move lower increases. The next few trading sessions could determine whether the ADA price is building a genuine base or setting up the bull trap many analysts fear.</p>
<h2 class="wp-block-heading" id="frequently-asked-questions">Frequently Asked Questions</h2>
<div class="wp-block-uagb-faq uagb-faq__outer-wrap uagb-block-82dc26f3 uagb-faq-icon-row-reverse uagb-faq-layout-accordion uagb-faq-expand-first-false uagb-faq-inactive-other-true uagb-faq__wrap uagb-buttons-layout-wrap uagb-faq-equal-height uagb-faq__wrap uagb-buttons-layout-wrap">
 <div class="wp-block-uagb-faq-child uagb-faq-child__outer-wrap uagb-faq-item uagb-block-2970d97a ">
  <div class="uagb-faq-questions-button uagb-faq-questions"><span></span><span></span><span><strong>Can Cardano Hit $100<img src="https://s.w.org/images/core/emoji/17.0.2/72x72/2753.png" alt="❓"></strong></span>
  </div>
  <div class="uagb-faq-content">
   <p>A $100 ADA price is extremely unlikely under current market conditions because it would require a multi-trillion-dollar valuation. For that target to become realistic, Cardano would need widespread global adoption and a much larger overall cryptocurrency market.</p>
  </div>
 </div>
 <div class="wp-block-uagb-faq-child uagb-faq-child__outer-wrap uagb-faq-item uagb-block-50b37f5f ">
  <div class="uagb-faq-questions-button uagb-faq-questions"><span></span><span></span><span><strong>Is XRP better than Cardano<img src="https://s.w.org/images/core/emoji/17.0.2/72x72/2753.png" alt="❓"></strong></span>
  </div>
  <div class="uagb-faq-content">
   <p>Whether XRP or Cardano is better depends entirely on your goals, as they serve entirely different purposes in the cryptocurrency space. XRP is built as a fast, institutional settlement layer for cross-border payments, while Cardano is a general-purpose, peer-reviewed smart contract platform designed to compete with Ethereum</p>
  </div>
 </div>
</div>
<p><em><strong>Subscribe to <a href="https://www.youtube.com/@Captain-Altcoin" rel="noopener noreferrer nofollow">our YouTube channel</a> for daily crypto updates, market insights, and expert analysis.</strong></em></p>
<figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio">
 <div class="wp-block-embed__wrapper"><iframe title="2026 Crypto Card Ranking — Massive CHANGES Nobody Expected!" src="https://www.youtube.com/embed/gVOD-NjXLDo?feature=oembed" sandbox="allow-scripts allow-same-origin allow-popups allow-forms"></iframe>
 </div>
</figure>
<p>The post <a href="https://captainaltcoin.com/ada-price-at-risk-cardanos-breach-and-this-signal-set-up-a-bull-trap/" rel="noopener noreferrer nofollow">ADA Price at Risk: Cardano’s Breach and This Signal Set Up a Bull Trap</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

ADA Price at Risk: Cardano’s Breach and This Signal Set Up a Bull Trap

Table of Contents

CaptainAltcoin

Other articles published on Jun 25, 2026

Join our free newsletter for daily crypto updates!