Published: Apr 22, 2026 at 20:25
Cardano’s (ADA) price rose above the moving average lines but was halted by the 50-day SMA barrier.
ADA Price Long-Term Forecast: Ranging
The cryptocurrency is positioned between the 21-day SMA support and the 50-day SMA barrier. In previous price action, bullish momentum was repelled three times by the 50-day SMA. Today, if buyers break above the 50-day SMA barrier, the altcoin could rise to a high of $0.30.
Conversely, if sellers push the price below the 21-day SMA support, the altcoin will likely return to its previous low, which is above $0.24.
Meanwhile, the price remains caught between the moving average lines, around $0.255.
Technical Indicator
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Key Resistance Zones: $1.20, $1.30, and $1.40 -
Key Support Zones: $0.90, $0.80, and $0.70
ADA Indicators Analysis
Cardano has maintained its range-bound movement above the 21-day SMA support but below the 50-day SMA barrier. When either the 21-day SMA support or the 50-day SMA resistance is breached, the ADA price will trend. On the 4-hour chart, the price bars are above the horizontal moving averages. The cryptocurrency has fluctuated both below and above the horizontal moving average lines, indicating a sideways trend.
What Is the Next Move for ADA?
The development of Doji candlesticks will cause Cardano’s price to continue its sideways trend. On the 4-hour chart, ADA has broken above the moving average lines but remains below the $0.26 high. The long candlestick wick at the current high suggests significant selling pressure.
On the upside, if buyers fail to break through the $0.26 high,the altcoin will be forced to trade between the $0.24 support and the $0.26 high.
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.