Cardano Could Test $0.60 After Dead Cat Bounce Amid Crypto Liquidations and Market Consolidation

• Major sell-off erased over $150 billion from the crypto market cap in 24 hours.

• Cardano staged a short rebound to $0.736 but remains under pressure and down ~21% weekly.

• $712 million in liquidations occurred in the last 24 hours; roughly $19 billion of leveraged positions were liquidated earlier in the correction.

Cardano price outlook: ADA faces resistance at $0.736 and risks $0.60; follow COINOTAG for updates and trade-aware analysis. Read latest market data now.

Published: Oct 14, 2025 • Updated: Oct 14, 2025 • by COINOTAG

What is Cardano’s price outlook?

Cardano price outlook remains cautious after a sharp market-wide liquidation event. ADA showed a short-lived rebound to $0.736 but is trading below key daily moving averages. Unless price clears the 50- and 200-day moving averages, downside targets of $0.60 and $0.50 remain relevant.

How did recent liquidations impact Cardano?

The wider crypto sell-off triggered concentrated liquidations across spot and derivatives. According to CoinGecko, the combined crypto market cap fell by more than $150 billion in a 24-hour period. CoinGlass reported approximately $712 million liquidated across crypto assets over the past day, and earlier liquidations of leveraged positions reached about $19 billion after the Oct. 10 move. Glassnode notes the market is entering a consolidation phase that favors selective risk-taking and more measured rebuilding of confidence. These flows pushed ADA to a three-day low of $0.61 before the short rebound.

The market context is important: sharp deleveraging events typically compress liquidity and increase short-term volatility. Cardano’s recent price action—bounce then rejection at $0.736—fits a pattern of a relief rally rather than a confirmed trend reversal, as sellers remained active at the noted resistance.

The crypto market is experiencing a sell-off early Tuesday after a historic round of liquidations that triggered a sharp decline over the weekend, as trade tensions weighed on risk assets. The recent sell-off pulled the combined market value of all cryptocurrencies down by more than $150 billion over a 24-hour period, according to CoinGecko data. In the last 24 hours, $712 million have been liquidated across crypto assets, according to CoinGlass data. Earlier, about $19 billion of leveraged crypto positions were liquidated following a brutal sell-off on Oct. 10.

The crypto market briefly rebounded to pare losses on Monday, but most major cryptocurrencies have since resumed their descent. According to Glassnode: “The market now enters a consolidation phase, one defined by renewed caution, selective risk-taking, and a more measured rebuilding of confidence across both spot and derivatives markets.”

Cardano technical levels and short-term scenarios

Cardano fell to a low of $0.61 on Oct. 11 in a three-day drop before rebounding. Cardano bounced off this low, rising for two straight days to $0.736 on Oct. 13, which attracted resistance from the bears and rendered the rise effectively a short-lived recovery.

ADA/USD Daily Chart, Courtesy: TradingView

Key technical reference points to monitor:

• Immediate resistance: $0.736 — recent bounce high where selling reappeared.
• Daily moving averages: 50-day near $0.741 and 200-day near $0.833 — a decisive daily close above these averages would signal a potential shift in momentum.
• Near-term support: $0.60 then $0.50 — breach of $0.60 could invite further downside as leverage unwinds.

At press time, Cardano was trading down 5.26% in the last 24 hours at $0.67 and down 21% weekly. Traders should weigh liquidity conditions and open interest data before sizing positions. Official on-chain and market data referenced in this article include CoinGecko, CoinGlass, and Glassnode (plain text references, no external links).

Frequently Asked Questions

What are the immediate risks to Cardano price after the liquidation?

Immediate risks include further deleveraging in derivatives markets, low liquidity around current levels, and persistent selling pressure at $0.736. Loss of $0.60 support would likely accelerate downside; conversely, a daily close above the 50- and 200-day moving averages would reduce near-term risk.

Can Cardano recover quickly from this sell-off?

Rapid recoveries are possible but require clear market liquidity improvement and a daily close above the moving average resistance. Right now, the market favors cautious position sizing and selective risk-taking, consistent with on-chain commentary from Glassnode.

Key Takeaways

• Market-wide deleveraging compressed liquidity: Over $150 billion was wiped from total market cap and $712 million was liquidated in 24 hours, increasing volatility.
• Cardano faces defined technical thresholds: Resistance near $0.736 and moving averages at ~$0.741 (50-day) and ~$0.833 (200-day) frame near-term outcomes.
• Actionable insight: Traders should monitor open interest and on-chain metrics and avoid oversizing positions until price confirms direction with daily closes above the key moving averages.

Conclusion

The Cardano price outlook is guarded following a weekend of broad-market liquidations and a failed rebound at $0.736. Data from CoinGecko, CoinGlass, and Glassnode indicate consolidation and selective risk-taking ahead. Investors and traders should watch the 50- and 200-day moving averages for confirmation of any trend reversal and follow COINOTAG for ongoing, data-driven coverage and updates.