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 price levels.
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.