{"id":5371,"date":"2026-01-07T16:31:06","date_gmt":"2026-01-07T16:31:06","guid":{"rendered":"https:\/\/cryptonews.uk.com\/?p=5371"},"modified":"2026-01-07T16:31:06","modified_gmt":"2026-01-07T16:31:06","slug":"ada-eyes-0-50-despite-market-correction","status":"publish","type":"post","link":"https:\/\/cryptonews.uk.com\/?p=5371","title":{"rendered":"ADA eyes $0.50 despite market correction"},"content":{"rendered":"<p><\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"-mt-16  mb-8  lg:-mt-20  rounded-md  shadow-md\">\n<div class=\"relative  z-10  post-article-image  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/12\/shutterstock_1959907726-2-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/12\/shutterstock_1959907726-2-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/12\/shutterstock_1959907726-2-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/12\/shutterstock_1959907726-2-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/><img decoding=\"async\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2025\/12\/shutterstock_1959907726-2.jpg\" alt=\"Cardano's price\" width=\"100%\" height=\"100%\"\/>\n<\/picture>                            <\/div>\n<\/p><\/div>\n<p><span style=\"font-weight: 400;\">Key takeaways<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">ADA is trading at $0.40 after losing 5.5% of its value in the last 24 hours.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The altcoin could rally towards $0.50 if the bullish trend resumes.\u00a0<\/span><\/li>\n<\/ul>\n<h2>ADA could slip below $0.40<\/h2>\n<p><span style=\"font-weight: 400;\">The cryptocurrency market is undergoing a correction following a strong start to the week. Bitcoin has dropped below $92k, while Ether is trading below $3,100 per coin.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">ADA, the native coin of the Cardano blockchain, has lost 5% of its value in the last 24 hours and is now trading above $0.40. However, it could still rally higher in the near term amid strong fundamentals.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The rally could be fueled by growing Open Interest. According to C<\/span><span style=\"font-weight: 400;\">oinGlass<\/span><span style=\"font-weight: 400;\">, ADA\u2019s OI now stands at $796 million, up from the $662 million recorded a week ago. The growing OI hints at the possibility of ADA\u2019s price rallying higher in the near term.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The confidence encourages retail investors to lean into risk, which contributes to buying pressure.<\/span><\/p>\n<h2>ADA eyes $0.50 despite market correction<\/h2>\n<p><span style=\"font-weight: 400;\">The ADA\/USD 4-hour chart remains bullish and efficient despite the recent bearish performance. At press time, ADA has dropped below the 50-day Exponential Moving Average (EMA) of $0.43 and is now trading at $0.403.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Despite that, the coin\u2019s short-term outlook remains bullish, supported by the Moving Average Convergence Divergence (MACD) indicator, which has maintained a positive divergence over the past few days.\u00a0<\/span><\/p>\n<p><img fetchpriority=\"high\" fetchpriority=\"high\" decoding=\"async\" data-source=\"CoinJournal\" class=\"alignnone size-full wp-image-356793\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2026\/01\/ADAUSD_2026-01-07_15-51-50.png\" alt=\"ADA\/USD 4H Chart\" width=\"1793\" height=\"773\"\/><\/p>\n<p><span style=\"font-weight: 400;\">The RSI of 64 also shows buying pressure has resumed, with the coin set to enter the overbought region if the bullish bias remains.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If the bulls regain control, ADA could rally past the 100-day EMA resistance at $0.505. An extended rally could see ADA challenge the 200-day EMA zone at $0.593.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, if the correction persists, ADA could retrace below the $0.40 level and retest the $0.3827 support. <\/span><\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p>Analysis,ADA,Cardano Price#ADA #eyes #market #correction1767803466<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key takeaways ADA is trading at $0.40 after losing 5.5% of its value in the last 24 hours. The altcoin could rally towards $0.50 if the bullish trend resumes.\u00a0 ADA could slip below $0.40 The cryptocurrency market is undergoing a correction following a strong start to the week. Bitcoin has dropped below $92k, while Ether<\/p>\n","protected":false},"author":1,"featured_media":5372,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":{"0":"post-5371","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-eurozone"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.6 (Yoast SEO v26.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>ADA eyes $0.50 despite market correction - Crypto News: Latest Cryptocurrency News and Analysis<\/title>\n<meta name=\"description\" content=\"ADA is eyeing the $0.50 psychological level despite losing 5% of its value since Tuesday, with derivative data suggesting a bullish bias.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptonews.uk.com\/?p=5371\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ADA eyes $0.50 despite market correction\" \/>\n<meta property=\"og:description\" content=\"ADA is eyeing the $0.50 psychological level despite losing 5% of its value since Tuesday, with derivative data suggesting a bullish bias.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptonews.uk.com\/?p=5371\" \/>\n<meta property=\"og:site_name\" content=\"Crypto News: Latest Cryptocurrency News and Analysis\" \/>\n<meta property=\"article:published_time\" content=\"2026-01-07T16:31:06+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/01\/shutterstock_1959907726-2.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"667\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"\u884c\u653f\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"\u884c\u653f\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=5371\",\"url\":\"https:\/\/cryptonews.uk.com\/?p=5371\",\"name\":\"ADA eyes $0.50 despite market correction - Crypto News: Latest Cryptocurrency News and Analysis\",\"isPartOf\":{\"@id\":\"https:\/\/cryptonews.uk.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=5371#primaryimage\"},\"image\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=5371#primaryimage\"},\"thumbnailUrl\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/01\/shutterstock_1959907726-2.jpg\",\"datePublished\":\"2026-01-07T16:31:06+00:00\",\"author\":{\"@id\":\"https:\/\/cryptonews.uk.com\/#\/schema\/person\/822778c5844e0d16d43dce6630f4f1bf\"},\"description\":\"ADA is eyeing the $0.50 psychological level despite losing 5% of its value since Tuesday, with derivative data suggesting a bullish bias.\",\"breadcrumb\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=5371#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/cryptonews.uk.com\/?p=5371\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=5371#primaryimage\",\"url\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/01\/shutterstock_1959907726-2.jpg\",\"contentUrl\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/01\/shutterstock_1959907726-2.jpg\",\"width\":1000,\"height\":667},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=5371#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/cryptonews.uk.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"ADA eyes $0.50 despite market correction\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/cryptonews.uk.com\/#website\",\"url\":\"https:\/\/cryptonews.uk.com\/\",\"name\":\"Crypto News: Latest Cryptocurrency News and Analysis\",\"description\":\"Latest Crypto &amp; 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