Cardano Plunges 22% as Whale Activity Triggers Support Test at $0.50. ADA tumbles from monthly high of $0.69 to test critical $0.50 psychological support. Whale selling pressure intensifies despite bullish ETF speculation and AI integration plans. RSI drops to oversold territory at 33.03, matching levels last seen before autumn rallies.

Cardano’s price action plunged 25.2% in a week, dropping from $0.73 to $0.546 amid looming death cross formation. Momentum indicators reset after December’s overbought levels, as bulls defend $0.50 support. New payment card launch offers hope, but traders remain wary of technical deterioration.