Cardano Slides Below the $0.37 Hurdle

// Price

Reading time: 2 min

Published: Jan 23, 2026 at 14:30
Updated: Jan 23, 2026 at 14:40

The cryptocurrency is reverting to its low

Cardano’s (ADA) price has fallen below the moving average lines after being rejected twice at the $0.43 high.

ADA price long-term forecast: bearish


The cryptocurrency is reverting to its low of $0.32. Since December 31, 2025, the altcoin has traded above $0.32 but below the resistance at $0.45. Bulls have frequently broken above the moving average lines but have failed to sustain bullish momentum above the $0.45 high.


Currently, ADA price is falling towards its support at $0.32. If bearish momentum breaks the $0.32 support, the altcoin may decline further to lows of $0.30 and $0.27. In the meantime, the price has remained stable above $0.34.


Technical Indicators


  • Key Resistance Zones: $1.20, $1.30, and $1.40



  • Key Support Zones: $0.90, $0.80, and $0.70

ADA price indicators analysis


The cryptocurrency price has dropped below the horizontal moving averages. Since December 18, price action has been characterised by Doji candlesticks, causing the price to remain range-bound at the bottom of the chart. The 4-hour chart shows the price below the downward-sloping moving average lines.


ADAUSD_(Daily Chart) - JAN.22, 2026

What is the next move for Cardano?


The price of Cardano stopped falling above the $0.34 threshold on January 19. On the 4-hour chart, the price is trading above the $0.34 support but below the moving average lines. Upward moves have been limited by the 21-day SMA resistance at $0.37.


ADAUSD_(4-hour Chart) - JAN.22, 2026


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.

Source: https://coinidol.com/cardano-slides-hurdle/