Key Notes
- Cardano community sentiment has hit its lowest level in five months.
- Santiment suggests that this bearish tone is actually a buying opportunity for smart investors.
- ADA has recently been testing the support zone between $0.81 and $0.83.
Cardano ADA $0.82 24h volatility: 1.6% Market cap: $29.92 B Vol. 24h: $1.10 B has quietly seen its normally optimistic community turn bearish, with sentiment hitting its lowest level in five months, according to data from Santiment. This shift comes despite ADA showing a 5% gain during the same period.
Historically, such negative sentiment among ADA retail traders has often led to accumulation by larger players. These smart investors use market weakness to increase their holdings.
For instance, the 10th largest cryptocurrency saw a major drop in community sentiment on August 10, soon after which ADA saw a rally to $1 .
🧐 Cardano has quietly seen its normally optimistic crowd start to turn bearish. After the lowest sentiment recorded in 5 months, $ADA 's price is +5%. Patient holders and dip buyers during this three week downswing should root for this trend of bearish retailers to continue.… pic.twitter.com/VgGwRW243P
— Santiment (@santimentfeed) September 4, 2025
Santiment noted that patient holders and dip buyers will benefit if this bearish mood persists.
Notably, in recent weeks, ADA has been consolidating within a narrow range, testing a demand zone between $0.81 and $0.83. Buyers are defending this level, suggesting it could once again serve as a base for a potential rebound.
At the time of writing, ADA is trading around $0.81, slipping 1.5% over the past 24 hours.
ADA Price Trajectory
In the short term, ADA has been trading inside a descending channel pattern, in formation since Aug. 13.
ADA 2-hour chart with descending channel | Source: Trading View
If ADA breaks above the 20-day EMA near $0.84, the next upside targets could be $0.96 and $1.02. However, a rejection at this level may lead to a retest of the channel’s support line, with the risk of falling to $0.68.
Looking at the daily ADA price chart, the RSI is hovering close to neutral territory. A bounce above 50 would signal renewed buying interest, with key resistance around $0.84.
ADA daily price chart with RSI and Bollinger Bands | Source: TradingView
ADA is trading near the lower Bollinger Band, indicating oversold conditions and a potential short-term rebound if buyers step in. A move back toward the midline (20-day SMA) at $0.86 could spark bullish momentum.
However, slipping outside the lower band risks increased selling pressure. ADA must sustain above the $0.83 zone to be attractive for dip buyers.
Meanwhile, the MACD indicator shows bearish momentum, but the histogram is flattening, hinting at a possible slowdown in selling strength. A bullish crossover would reinforce the case for recovery, with many traders eyeing a bullish price target of $10 for ADA.
ADA daily price chart with MACD | Source: TradingView
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