Cardano price is consolidating above the $0.36–$0.38 support zone as a rounded base and tightening resistance, hinting at a potential breakout towards higher priceCardano price is consolidating above the $0.36–$0.38 support zone as a rounded base and tightening resistance, hinting at a potential breakout towards higher price

Cardano Price Prediction: ADA Defends $0.36–$0.38 Support as Rounded Base Structure Signals a Potential Move Towards $0.45–$0.60

Cardano price is holding firm near the $0.36–$0.38 support zone, an area that has increasingly drawn attention as participants assess whether ADA is preparing for a broader trend shift after a prolonged corrective phase.

Cardano price is trading around $0.37, up 1.97% in the last 24 hours. Source: Brave New Coin

This sustaining price behavior comes at a time when broader crypto markets remain mixed, placing added focus on ADA’s tightening structure, improving downside support, and early technical signals that could support a recovery attempt if key resistance levels are reclaimed.

Support Keeps Cardano’s Short-Term Structure Intact

At the time of writing, Cardano price is trading near $0.37, moving modestly on the day while remaining above recent lows. Although price remains far below prior cycle highs, selling pressure has eased noticeably around this level.

Market watcher Hans Crypto recently noted that ADA is revisiting a prior liquidation wick zone at $0.27, where price previously found strong support. Holding this area has helped prevent further downside and keeps the short-term structure intact for now.

Cardano price holds firm near the $0.36–$0.38 support zone, revisiting a prior liquidation wick area that has so far limited downside pressure. Source: Hans via X

As long as ADA remains above this zone, downside risk appears contained, though confirmation is still needed for a sustained move higher.

ADA Attempting a Breakout from Bullish Pattern

Beyond simple support defense, the price structure has started to improve. Aman, who focuses on pattern-based setups, highlighted that ADA is pressing into a key resistance area after forming a rounded base.

ADA forms a rounded base while compressing below the $0.38–$0.40 resistance zone, signaling gradual accumulation and a potential breakout setup. Source: Aman via X

Rounded bases typically reflect slow accumulation rather than aggressive buying. In ADA’s case, price has gradually pushed towards resistance near $0.38–$0.40, compressing just below this level.

A clean break above resistance could open the door for continuation higher, while repeated rejection would likely keep ADA stuck in its current range.

Broader Structure Suggests Recovery Ahead

Looking at the bigger picture, Crypto GVR pointed out that ADA appears to be building a base within the broader $0.25–$0.40 range, an area that has historically acted as a long-term accumulation zone.

ADA continues to base within the broader $0.25–$0.40 accumulation range, suggesting a long-term bottoming phase rather than a confirmed breakout. Source: Crypto GVR via X

According to this view, sustained holding above current levels could allow Cardano price to target $1.00 level over time. However, any larger upside move remains dependent on broader market strength and confirmation through reclaimed resistance.

This places current price action more in a base-building phase rather than a confirmed breakout.

Price Predictions and Outlook (Speculative)

Near-term price projections for Cardano price vary depending on confirmation levels. A clean breakout and hold above $0.40 would likely shift market bias toward a recovery extension, with upside targets near $0.56 and $0.72 coming into focus. These levels align with prior structural resistance and historical reaction zones.

Conversely, failure to reclaim the $0.38–$0.40 region could keep ADA trapped between $0.35 and $0.38, or even trigger another retest of deeper support near $0.30 if broader market sentiment weakens.

Longer-term forecasts remain highly speculative. Some market participants, including Deezy, believe that ADA Cardano price could reach new all-time highs in a future cycle, potentially extending into 2026. Such scenarios typically assume a favorable macro environment, renewed on-chain activity, and sustained capital rotation.

Final Thoughts

Cardano price is currently navigating a technically sensitive phase, marked by base formation, defined resistance, and improving, but still cautious, momentum signals. While recent price action suggests that sellers have lost some control, confirmation above key resistance levels remains necessary before stronger bullish conclusions can be drawn.

For now, the $0.38–$0.40 zone stands as the primary battleground. How ADA behaves around this region is likely to shape its next meaningful move, whether that results in a continuation higher or an extended consolidation period.

Market Opportunity
Cardano Logo
Cardano Price(ADA)
$0.3597
$0.3597$0.3597
+1.12%
USD
Cardano (ADA) Live Price Chart
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 [email protected] 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.

You May Also Like

Ethereum unveils roadmap focusing on scaling, interoperability, and security at Japan Dev Conference

Ethereum unveils roadmap focusing on scaling, interoperability, and security at Japan Dev Conference

The post Ethereum unveils roadmap focusing on scaling, interoperability, and security at Japan Dev Conference appeared on BitcoinEthereumNews.com. Key Takeaways Ethereum’s new roadmap was presented by Vitalik Buterin at the Japan Dev Conference. Short-term priorities include Layer 1 scaling and raising gas limits to enhance transaction throughput. Vitalik Buterin presented Ethereum’s development roadmap at the Japan Dev Conference today, outlining the blockchain platform’s priorities across multiple timeframes. The short-term goals focus on scaling solutions and increasing Layer 1 gas limits to improve transaction capacity. Mid-term objectives target enhanced cross-Layer 2 interoperability and faster network responsiveness to create a more seamless user experience across different scaling solutions. The long-term vision emphasizes building a secure, simple, quantum-resistant, and formally verified minimalist Ethereum network. This approach aims to future-proof the platform against emerging technological threats while maintaining its core functionality. The roadmap presentation comes as Ethereum continues to compete with other blockchain platforms for market share in the smart contract and decentralized application space. Source: https://cryptobriefing.com/ethereum-roadmap-scaling-interoperability-security-japan/
Share
BitcoinEthereumNews2025/09/18 00:25
Offchain Labs Purchases Additional ARB Tokens as Arbitrum Surpasses $20 Billion TVL

Offchain Labs Purchases Additional ARB Tokens as Arbitrum Surpasses $20 Billion TVL

Offchain Labs, the development company behind the Arbitrum Layer 2 scaling solution, has purchased additional ARB tokens under a previously approved token buyback plan, coinciding with Arbitrum surpassing $20 billion in total value locked (TVL) and reinforcing the company's commitment to ecosystem growth as competition intensifies among Ethereum Layer 2 networks for market share, developer activity, and liquidity.
Share
MEXC NEWS2025/12/25 14:21
Ondo Finance to Launch Tokenized US Stocks and ETFs on Solana in Early 2026

Ondo Finance to Launch Tokenized US Stocks and ETFs on Solana in Early 2026

Ondo Finance plans to launch tokenized U.S. stocks and exchange-traded funds on the Solana blockchain in early 2026, marking a significant expansion of the company's real-world asset (RWA) tokenization platform beyond its current focus on Treasury bonds and money market funds into equity markets with custody-backed structures enabling round-the-clock on-chain transfers and trading.
Share
MEXC NEWS2025/12/25 14:19