What to know:
- Cardano Foundation launches an eight-figure ADA liquidity program via Flowdesk to boost DeFi liquidity and reduce slippage.
- ADA remains bearish, trading below key EMAs with strong resistance near the 200 EMA around $0.263.
- RSI and MACD indicators confirm weakening momentum and continued downside pressure in the short term.
The Cardano Foundation is boosting decentralized finance on the Cardano by deploying an eight-figure ADA liquidity program through Flowdesk on Thursday, April 2.
The initiative strengthens DEX liquidity, improves market depth, reduces slippage, and enhances trading efficiency across ecosystem protocols in line with its September 2025 roadmap execution strategy.
Source: Cardano Foundation’s X Post
The liquidity injection also targets stablecoins like USDA and USDM, improving price stability and usability in DeFi markets.
By integrating institutional market-making practices, Cardano aims to support smoother trading, attract larger participants, and accelerate adoption.
This step marks continued progress toward a more mature, efficient, and accessible decentralized financial ecosystem.
Also Read: Cardano Price Prediction: Will ADA Reach $0.30 After Holding Support?
ADA Technical Outlook Reveals Bearish Pressure
Despite the strong network growth, ADA exhibits a bearish trend, currently at $0.2365. According to TradingView, the coin is being suppressed by all major Exponential Moving Averages. It has heavy overhead resistance at the EMA 200 at $0.263.
The recent candles have shown a series of lower highs, indicating sellers are in control, while the EMA 20 at $0.243 caps the coin’s potential for a bounce.
Source: TradingView
The asset is testing the lower Bollinger Band, which is located around the price point of 0.2348. This price point also represents a crucial support zone. Additionally, the narrowing bands indicate a possible increase in the asset’s volatility.
If the ADA price does not manage to sustain the price point of 0.235, the price will likely go further down to the price point of 0.230.
Momentum Indicators Reinforce Downward Pressure
The RSI (14) currently stands at 36.17, which is trending downwards and has fallen below its yellow signal line at 44.67. This reading shows a substantial rise in bearish momentum as it approaches the 30 oversold mark.
Since it’s still too early for the RSI to approach the 50-neutral mark, it’s obvious that sellers are in control of the market.
Source: TradingView
This is supported by the MACD indicator, which is showing bearish sentiment as the blue line has moved below the orange line. The two lines are trending in the negative zone below the zero mark.
The histogram is also in the red zone, which indicates that the bearish momentum is accelerating; therefore, the trend reversal is not confirmed.
This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.
Also Read: Cardano (ADA) Whale Accumulation Hints at an Explosive Move Toward $10+
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