Cardano Price Prediction: ADA Holds $0.40 Support as Higher Lows Hint at a $0.60–$0.70 Recovery Path

Cardano price is starting to show signs of strength after a sharp dip earlier this month. Price is now trading near the $0.42 region, with buyers stepping in around key support. Instead of continuing lower, ADA has formed a higher low, suggesting that selling pressure is easing and a short-term recovery structure may be taking shape.

ADA Defends Key Support After the Dip

Crypto Nova’s chart highlights Cardano price “testing” a major support zone on the 4-hour timeframe before bouncing. The green band around the $0.39–$0.40 area has acted as a clear demand zone, and price has respected it once again.

Cardano price rebounds from the $0.39–$0.40 demand zone, forming a higher low and hinting at a short-term shift in momentum. Source: Crypto Nova via X

The bounce from this region has produced a higher low, which is often the first technical sign that momentum is shifting. As long as ADA remains above this base, the structure favors consolidation with a bullish overall view.

From a technical view:

• Key support: $0.39–$0.40
• Short-term pivot: $0.41–$0.42
• Near-term resistance: $0.45–$0.48

A sustained hold above $0.41 keeps the recovery structure intact. Losing $0.39 would invalidate this setup and reopen downside risk.

Market Share Strength Adds Confidence

The recent data shows that Cardano’s market dominance has increased by over 16% since the start of 2026. This means ADA is gaining relative strength compared to the broader crypto market.

Cardano’s market dominance climbs more than 16% in early 2026, signaling growing relative strength and quiet accumulation during consolidation. Source: Cardanians via X

Rising dominance during a consolidation phase often suggests quiet accumulation rather than distribution. It reflects capital rotating into ADA even while price remains range-bound. This supports the idea that the current phase is about building a base, not finishing a downtrend.

Bollinger Bands and Moving Averages Tighten

SHM points out that Cardano price is trying to build above its 20-period moving average while Bollinger Bands continue to squeeze. This setup often appears before expansion phases, as volatility compresses and the market prepares for a larger move.

Cardano trades inside a tightening Bollinger Bands. Source: SHM via X

In simple terms, ADA is still ranged. The previous attempt at this structure resolved lower, but this time price is holding support and forming higher lows. That makes the current attempt more constructive.

Still, direction depends on broader market conditions. A bullish resolution requires ADA to stay above its moving average and push through nearby resistance.

Long-Term Structure Points Higher

High Altitude Investing compares Cardano’s structure with Bitcoin’s long-term curve, highlighting a clear fractal similarity between the two. In both cases, price spent extended time compressing near the base of a rounded structure before transitioning into a powerful expansion phase. ADA’s current position mirrors the early stages of that same curve, suggesting it may be building toward a broader cycle move rather than nearing exhaustion.

Cardano’s macro structure mirrors Bitcoin’s early-cycle curve, suggesting ADA may be building towarsd a multi-leg expansion beyond $1 and potentially into the $2+ zone over time. Source: High Altitude Investing via X

This perspective fits well with what is visible on lower timeframes: price is no longer collapsing, volatility is tightening, and dips are being absorbed rather than extended. From a Cardano Price Prediction standpoint, if ADA follows a similar structural path to Bitcoin’s historical curve, a multi-leg recovery could eventually carry price beyond the $1.00 region and into the $2.00+ zone over time.

Cardano Price Prediction

At this stage, Cardano’s recovery is progressing in a controlled manner. Price is no longer making lower lows and is instead forming a base above support. Buyers are stepping in near $0.39–$0.40, while sellers remain active near the resistance level. This balance reflects a market rebuilding structure rather than trending aggressively.

As long as ADA holds above the $0.39–$0.40 band, the Cardano Price Prediction favors continuation attempts rather than a return to deep downside. A clean break above $0.45 would be the first sign that momentum is shifting in favor of bulls, opening the door for a recovery move towards the $0.60–$0.70 zone.

Final Thoughts

Cardano price is not in a breakout phase yet, but the structure is improving. Support is holding, higher lows are forming, and relative strength is increasing. These are the early traits of a recovery phase.

Price still needs some bullish confirmations. Until ADA reclaims the $0.45–$0.48 zone, movement is likely to remain slow rather than aggressive. However, the market is no longer behaving like one in free fall, which in itself is a positive signal.