The post Cardano Slides Below the $0.37 Hurdle appeared on BitcoinEthereumNews.com. // Price Reading time: 2 min Published: Jan 23, 2026 at 14:30 Updated: Jan 23The post Cardano Slides Below the $0.37 Hurdle appeared on BitcoinEthereumNews.com. // Price Reading time: 2 min Published: Jan 23, 2026 at 14:30 Updated: Jan 23

Cardano Slides Below the $0.37 Hurdle

For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com
// Price

Reading time: 2 min

Published: Jan 23, 2026 at 14:30
Updated: Jan 23, 2026 at 14:40

Cardano’s (ADA) price has fallen below the moving average lines after being rejected twice at the $0.43 high.

ADA price long-term forecast: bearish


The cryptocurrency is reverting to its low of $0.32. Since December 31, 2025, the altcoin has traded above $0.32 but below the resistance at $0.45. Bulls have frequently broken above the moving average lines but have failed to sustain bullish momentum above the $0.45 high.


Currently, ADA price is falling towards its support at $0.32. If bearish momentum breaks the $0.32 support, the altcoin may decline further to lows of $0.30 and $0.27. In the meantime, the price has remained stable above $0.34.


Technical Indicators


  • Key Resistance Zones: $1.20, $1.30, and $1.40



  • Key Support Zones: $0.90, $0.80, and $0.70

ADA price indicators analysis


The cryptocurrency price has dropped below the horizontal moving averages. Since December 18, price action has been characterised by Doji candlesticks, causing the price to remain range-bound at the bottom of the chart. The 4-hour chart shows the price below the downward-sloping moving average lines.

What is the next move for Cardano?


The price of Cardano stopped falling above the $0.34 threshold on January 19. On the 4-hour chart, the price is trading above the $0.34 support but below the moving average lines. Upward moves have been limited by the 21-day SMA resistance at $0.37.


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-slides-hurdle/

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

$30,000 in PRL + 15,000 USDT

$30,000 in PRL + 15,000 USDT$30,000 in PRL + 15,000 USDT

Deposit & trade PRL to boost your rewards!