ADA price today: $0.37
- ADA investors reported losses of more than $900 million in December.
- Investors who bought ADA are suffering an average loss of about 40% over the last 365 days.
- ADA is testing resistance near $0.37 after bouncing from $0.34.
Realized losses among Cardano (ADA) holders rose sharply in December, marking one of its heaviest surrender months since 2023. Since the beginning of the month, investors have realized losses of more than $900 million as of Friday.
%20%5B04-1766200998267-1766200998268.21.38%2C%2020%20Dec%2C%202025%5D.png&w=1536&q=95)
The move comes as bearish sentiment follows the October 10 crash, with ADA losing all of its gains over the past 14 months.
With prices falling towards $0.35, all ADA investors are losing an average of 40%. Notably, investors who purchased the token in the last 365 days are also suffering similar sized losses.
As a result, most investors started cutting losses in December.
%20%5B04-1766201047603-1766201047604.22.03%2C%2020%20Dec%2C%202025%5D.png&w=1536&q=95)
Large holders boost selling activity amid open interest contraction
In the spot market, heavy selling pressure came mainly from wallets holding 1M-10M ADA, as their collective holdings have declined by 130M ADA since the beginning of the month.
On the derivatives side, ADA futures open interest remains soft at around $657 million as of Friday, keeping market participants on the sidelines since the October 10 crash.
ADA is trading at $0.37, up 4% at the time of publication on Saturday.
Cardano price forecast: ADA faces resistance at $0.37
ADA bounced off $0.34 and is testing the $0.37 resistance near the upper boundary of the descending channel. The resistance of the channel is strengthened by the 20-day exponential moving average (EMA), which has proven to be a key obstacle since October 10.
Breaking above the descending channel, ADA may test the $0.51 level, but on the upside, it will have to clear the 50-day EMA. On the downside, ADA may find support at $0.34.
The Relative Strength Index (RSI) is below its neutral level and testing its moving average line. Meanwhile, the Stochastic Oscillator (STOCH) is attempting to recover from oversold conditions.
