{"id":18721,"date":"2025-12-26T16:33:46","date_gmt":"2025-12-26T16:33:46","guid":{"rendered":"https:\/\/bitunikey.com\/news\/cardanos-christmas-chart-looks-more-like-coal-than-candy\/"},"modified":"2025-12-26T16:33:53","modified_gmt":"2025-12-26T16:33:53","slug":"cardanos-christmas-chart-looks-more-like-coal-than-candy","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/cardanos-christmas-chart-looks-more-like-coal-than-candy\/","title":{"rendered":"Cardano\u2019s Christmas chart looks more like coal than candy"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Cardano delivered a less-than-festive gift to investors this Christmas, with price action painting a grim picture as the token remains deep in the red.<\/p>\n<div id=\"cn-block-summary-block_487f9ae3243b9b66d3def78f3e9d06e5\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Charles Hoskinson is pushing back against claims that he abandoned the ADA token, which is down 58% year-to-date.<\/li>\n<li>The technical picture remains bearish as ADA is trapped in a downtrend, struggling to reclaim $0.36.<\/li>\n<li>So far, December losses are about 15%, and Coinglass data shows a year-long pattern of capital exiting ADA.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>Founder Charles Hoskinson found himself fending off accusations on X after wishing followers a Merry Christmas on Dec. 25. In his post, Hoskinson described 2025 as a \u201clong, hard year,\u201d urged the community not to let the \u201cfire go out,\u201d and promised that \u201cnext year will be better\u201d\u2014a message that landed awkwardly with ADA down 58% year-to-date.<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">It\u2019s been a long, hard year\u2014but don\u2019t let the fire go out. There\u2019s a lot to look forward to in 2026. Merry Christmas, and much love to all our friends and family. Next year will be better. <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/t.co\/LAbJVkjAgs\">pic.twitter.com\/LAbJVkjAgs<\/a><\/p>\n<p>\u2014 Charles Hoskinson (@IOHK_Charles) <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/IOHK_Charles\/status\/2004062716525486583?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">December 25, 2025<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<p>It didn\u2019t take long for the holiday cheer to evaporate. One X user accused Hoskinson of selling ADA near the $3 peak and now refusing to buy back at current levels around $0.30\u2013$0.36. The critic questioned how investors could maintain faith in the project if its founder won\u2019t step in at depressed prices.<\/p>\n<p>Hoskinson responded swiftly, flatly denying that he ever sold ADA at $3. Repeating the claim, he said, doesn\u2019t make it true. He brushed off the accusations as misinformation amplified by bots, dismissing the narrative entirely.<\/p>\n<h2 class=\"wp-block-heading\"><strong>Technical analysis<\/strong><\/h2>\n<p>The timing of the spat is notable. ADA has shed 58% so far this year, including a 15% drop in December alone. Technically, the chart hasn\u2019t been kind. See below.<\/p>\n<figure class=\"wp-block-image size-large\"><figcaption class=\"wp-element-caption\">Source: <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.coingecko.com\/en\/coins\/cardano\" target=\"_blank\" rel=\"nofollow\">CoinGecko<\/a><\/figcaption><\/figure>\n<p>Bulls are attempting to hold the line, but follow-through has been weak, with ADA failing to reclaim $0.36 on rallies.<\/p>\n<p>The critical zone to watch remains $0.3380\u2013$0.34. A breakdown there could open the door to accelerated selling toward $0.30\u2013$0.32, where historical support is thin. On the upside, resistance waits at $0.3750\u2013$0.38, followed by heavier supply around $0.40\u2013$0.41.<\/p>\n<h2 class=\"wp-block-heading\">Cardano reinforces year-long trend of steady selling pressure<\/h2>\n<p>According to <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/defillama.com\/chain\/cardano?appFees=false&amp;stablecoinsMcap=true&amp;groupBy=weekly&amp;appRevenue=false\" target=\"_blank\" rel=\"nofollow\">data<\/a> from DefiLlama, the total value locked across all DeFi protocols built on the blockchain dropped to $215.5 million from its August high of $544 million. Declining TVL hints at lower user participation and could point to investors losing confidence in the network\u2019s growth potential.<\/p>\n<p>The total market cap of stablecoins on the blockchain has also dropped, from a November high of $40.48 million to $37.68 million at press time.<\/p>\n<p>Leveraged traders have also seemed to have lost interest in the token. <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.coinglass.com\/currencies\/ADA\/futures\" target=\"_blank\" rel=\"nofollow\">Data<\/a> from CoinGlass shows that ADA Futures open interest has dropped from $1.72 billion observed in October to $651 million when writing.<\/p>\n<p>Together, these deteriorating metrics have kept investors cautious and sentiment fragile, which has weighed heavily on price performance.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cardano delivered a less-than-festive gift to investors this Christmas, with price action painting a grim picture as the token remains deep in the red. Summary Charles Hoskinson is pushing back&hellip;<\/p>\n","protected":false},"author":1,"featured_media":989,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-18721","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/18721","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=18721"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/18721\/revisions"}],"predecessor-version":[{"id":18722,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/18721\/revisions\/18722"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/989"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=18721"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=18721"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=18721"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}