- ADA is 76.66% below its all-time high as of April 24 2025.
- The current drawdown level matches past market bottom patterns for ADA.
- Chart shows ADA often follows Bitcoin in both gains and corrections.
Cardano (ADA) is currently down 76.66% from its all-time high, according to data released on April 24, 2025. The chart, published by Into The Cryptoverse, compares ADA’s current value with its historical peak using a drawdown visualization. The blue line tracks ADA’s price, while the red fill shows the percentage decline from its peak. This prolonged correction reflects broader altcoin struggles during recent market cycles.
ADA’s Extended Bear Cycle and Drawdown Patterns
The chart covers ADA’s price movement from early 2018 to April 2025. During this period, Cardano has experienced multiple cycles of growth and drawdown. Its most recent peak occurred in mid-2021 when ADA reached levels near $3.10.
Since then, the price has trended downward, with various short-term recoveries. These small rallies failed to hold long-term momentum. As a result, ADA has now entered its second prolonged drawdown in the past five years.
The drawdown area in red shows how far the token is from its all-time high. A value of -76.66% means ADA is trading significantly below its previous peak. This level is comparable to earlier extended corrections during 2018 and early 2020.
In both previous cases, ADA remained suppressed for months before regaining strength. Those periods were followed by broader market recoveries led by Bitcoin. The chart suggests ADA’s recovery pattern is historically linked to BTC movement trends.
Market Structure Shows Parallel With Past Cycles
The current drawdown aligns with ADA’s previous historical bottoms. For instance, the token saw similar levels of retracement during the 2018 bear market. At that time, ADA was down more than 90% from its top.
The ongoing -76.66% drawdown places ADA close to previous recovery zones. If patterns hold, this could reflect the late stage of a typical altcoin correction cycle. In the past, such positions preceded a steady price climb during improving sentiment.
The chart also suggests that ADA’s long-term structure remains intact. The descending trend follows a gradual curve rather than a steep decline. This type of movement often allows for sustained consolidation and sets the stage for future rallies.
Trading volumes and volatility appear to be lower compared to earlier crash periods. This stability may indicate that selling pressure has weakened. As a result, ADA might be entering a consolidation phase.
The visualization also highlights periods of synchronized movement with Bitcoin. ADA tends to follow BTC’s direction, both during surges and corrections. That behavior has stayed consistent across market cycles.
Will ADA’s Current Structure Support a Recovery?
A key question now is whether ADA’s current structure can support a market rebound without requiring a fresh low.
The drawdown data shows that ADA is near levels where altcoin recoveries have started in the past. If Bitcoin maintains stability, ADA could benefit from a renewed capital inflow.
However, historical patterns do not guarantee future outcomes. Traders are watching closely for signs of structural breakouts. A rise above previous consolidation points may act as an early signal.
