Cardano Price Analysis: ADA Ready for Another Significant Drop in 2025?

The cryptocurrency market is expected to see a bullish trend towards the end of the year. However, broader market trends and top cryptocurrencies like Cardano are showing signs of weakness, reducing the possibility of a bullish rebound. ADA bulls are attempting to confirm a decent upward trend, but the overall trend is still influenced by bearish sentiment, as each rebound prints lower highs and lows.

Will Cardano reclaim $1 and reach a new high in the first quarter of 2025, when the price may end the year below key resistance levels?

The daily chart of ADA shows the price is undergoing a inverted V-shaped pattern, which could drag the level back to its initial position around $0.4. The sharp drop in trading volume indicates a significant decrease in volatility, triggering serious concerns about the upcoming price trend in 2025. Has the bull market ended? Will ADA's price fail to follow the market trend as it did before?

The historical chart of ADA price rebound indicates that as long as the token can rebound strongly from the current level, it has the potential to reshape a strong bull market. After failing to break through the resistance zone between $1.29 and $1.5, the price plummeted but remained above the trend reversal zone between $0.78 and $0.85, acting as a strong support zone. However, the price has broken through the long-term downtrend line, above the bearish zone, indicating that a reversal may come soon.

After a few months of bearishness, the Gauss Channel has turned bullish, indicating a brief change in trend. In addition, the MACD indicates a decrease in buying pressure, with the MACD and signal line trending towards a bearish crossover. At the same time, the level remains in positive territory, indicating a quick rebound after the bearish crossover and maintaining bullish hopes.

Therefore, if the token can continue to trade above the support area by the end of the year, the price of Cardano (ADA) may continue to rise in 2025. This may help the price to rebound to $1 in the first few days of 2025 and maintain a healthy upward trend thereafter.