Published: Jan 01, 2026 at 20:07
Updated: Jan 01, 2026 at 22:14
Cardano’s (ADA) price has fallen to a low of $0.34 since December 18, 2025.
ADA price long-term forecast: bearish
Cardano is trading within a narrow range, above the $0.34 support but below the 21-day SMA barrier. Buyers have made considerable efforts over the past two weeks to keep the price above the 21-day SMA, but have not succeeded.
On the downside, ADA’s price will fall further if the bears breach the current support level of $0.34. Cardano could then decline to the lower price levels of $0.30 and $0.27. In other words, the bearish momentum may continue until the 10 October price level of $0.295.
Meanwhile, the Cardano price is hovering just above the $0.35 support.
Technical Indicators
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Key Resistance Zones: $1.20, $1.30, and $1.40 -
Key Support Zones: $0.90, $0.80, and $0.70
Cardano price indicators analysis
After the rejection, the price bars have consolidated below the 21-day SMA. The moving average lines continue to slope downwards. On the 4-hour chart, the price bars are positioned below the horizontal moving average lines. The ADA price has persisted in a Doji candlestick pattern.
What is the next move for Cardano?
Cardano continues its decline, although it has stalled above the $0.34 support. On the 4-hour chart, Cardano is range-bound, above the $0.34 support but below the $0.38 resistance. As Doji candlesticks reappear, the price movement remains stuck above the $0.35 support level. Doji candlesticks indicate traders have reached a point of indecision.
Disclaimer. This analysis and forecast are the personal opinions of the author. The data provided is collected by the author and is not sponsored by any company or token developer. This is not a recommendation to buy or sell cryptocurrency and should not be viewed as an endorsement by Coinidol.com. Readers should do their research before investing in funds.
Source: https://coinidol.com/cardano-slide-continues/
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