Cardano price is holding around the $0.39 region after weeks of controlled consolidation, a zone that is increasingly being viewed as structural support. While momentum remains slow on lower timeframes, the broader picture is now beginning to resemble early-stage accumulation.
Cardano price is trading around $0.39, down -0.17% in the last 24 hours. Source: Brave New Coin
Across multiple charts and analyst perspectives, ADA is now showing signs of compression beneath resistance, improving structure, and quiet demand.
Soka Data suggests that Cardano may be approaching its “XRP moment,” pointing to a tightening range and steady higher lows on the chart. Price is coiling beneath a horizontal resistance band while maintaining trend support, a structure that usually resolves with expansion once liquidity above is engaged.
The current range between roughly $0.36 and $0.41 has acted as a balance zone. Each dip into the lower boundary has attracted buyers, while sellers continue to defend the upper band. This kind of compression reflects absorption rather than weakness.
Cardano compresses beneath key resistance as higher lows signal a potential breakout setup forming near the $0.36–$0.41 range. Source: Soka Data via X
As long as ADA holds above the $0.36–$0.37 region, the broader structure remains constructive. A clean break above $0.41 would shift short-term bias in favor of continuation towards the mid-$0.40s.
The Penguin highlights that ADA has likely completed an ABC corrective structure after its initial bounce from the lows. The chart shows price carving a rounded base, followed by a higher low and a slow grind back into the range highs.
Corrections remain “slow and dragged out,” but that is often characteristic of healthy market. Instead of sharp sell-offs, price is rotating sideways while building acceptance.
ADA forms a rounded base after completing an ABC correction. Source: The Penguin via X
From a market-structure perspective, this suggests the corrective phase may already be complete. As long as ADA remains above the $0.37–$0.38 base.
On-chain data adds a fundamental layer to the technical case. Mintern reports that whales have accumulated over 210 million ADA in just three weeks, according to Ali Charts. Large-holder accumulation during range-bound price action often reflects strategic positioning rather than speculative chasing.
Whales quietly absorb over 210 million ADA during consolidation, signaling strategic accumulation ahead of potential price expansion. Source: Mintern via X
This behavior typically appears before price expansion, not after. When supply is absorbed during low-volatility phases, the market becomes more sensitive to marginal demand, increasing the probability of an upside resolution.
Cardano chart outlines three clear sell walls above the current price. These resistance zones explain why ADA has struggled to accelerate despite improving its structure. The nearest band sits just above $0.40, followed by heavier supply in the mid-$0.40s and near $0.50.
Heavy sell walls stack above ADA near $0.41, $0.45, and $0.50, outlining the key breakout hurdles for Cardano’s next move. Source: CW8900 via X
These zones frame Cardano’s roadmap. A break above the first wall near $0.41 would open the door towards $0.44–$0.46. Clearing that region would open the higher resistance band closer to $0.50.
Cardano price is no longer trending lower. Price is compressing, higher lows are forming, and large holders are accumulating beneath resistance. This is the profile of a market rebuilding structure rather than one preparing for continuation to the downside.
As long as ADA holds above the $0.36–$0.38 support band, the Cardano price prediction favors upside attempts. A confirmed break above $0.41 would likely trigger a move towards $0.44–$0.46, with $0.50 emerging as the next macro test.
For now, ADA sits in a classic pre-expansion phase. The market is quiet, but the structure is tightening. When compression resolves, it rarely does so sideways.

