Published: Nov 27, 2025 at 22:05
Cardano (ADA) is trading above $0.40 after losing crucial support.
Cardano price long-term forecast: bearish
The cryptocurrency price is falling, continuing to form lower highs and lower lows. Today, ADA is making a lower high as it approaches the $0.45 level. Currently, the upward trend is being rejected at the recent high. A second wave of bearish momentum will begin if ADA declines and breaks below the $0.40 support. Cardano would then fall and return to the October 10 price level of $0.295.
Now, Cardano is trading sideways between the $0.40 support and the 21-day SMA barrier. Cardano will begin a bullish ascent if it breaks above the 21-day SMA and sustains bullish momentum. Today, ADA is priced at $0.43.
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 indicator analysis
The moving average lines remain on a negative slope as the altcoin’s decline continues. The 21-day SMA is repelling the price, indicating that sellers remain in control as the altcoin continues to fall. Price movement has slowed due to the presence of Doji candlesticks.
On the 4-hour chart, the previously downward-sloping moving average lines have become horizontal as a result of the sideways trend.
What is the next move for Cardano?
Cardano’s price is in a sideways trend, remaining above $0.40 since November 21. ADA is consolidating above the $0.40 support, but its upward movement is limited by the $0.45 high. Doji candlesticks dominate the price action. indicating that traders are unsure about the market’s direction.
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.