Altcoin
What’s Next for Cardano Price as Bears Take Control Below Key Support?
Cardano price is facing increased selling pressure as the price moves within a descending triangle pattern, a technical formation that traders often associate with bearish momentum. The altcoin has been trading below key resistance levels, with its movement showing signs of consolidation near a critical support zone. As bearish sentiment grows, traders are closely watching the price action to determine whether ADA will break below or attempt a recovery.
Will Cardano Price Hold Key Support?
Analyst Winghaven Crypto has taken to X, pointing out that Cardano broke below a symmetrical triangle on the 4-hour chart, confirming a bearish trend. The breakdown suggests that the selling momentum is increasing, pushing ADA toward lower support levels. The current market structure indicates a continuation of downward pressure unless buyers step in to defend key price zones.
The immediate resistance level for Cardano price is at $0.85, where previous price rejections have occurred. If ADA fails to reclaim this level, the probability of further declines increases. On the downside, support is identified at $0.76, a level that has held firm in recent sessions. A failure to maintain this support could open the door for a deeper decline toward $0.68, a level that aligns with previous demand zones.
Despite the bearish outlook, Cardano whales have been aggressively accumulating, adding 420 million ADA since Donald Trump’s announcement about the US Crypto Reserve, including altcoins like XRP, ADA, and SOL. Analysts believe that if bullish momentum sustains, ADA price could rally toward $12, marking a long-term breakout.
Trend Reversal or Further Decline?
A sustained move above the $0.85–$0.90 range could signal a potential shift in momentum, possibly reversing the bearish outlook. If Cardano price manages to break above this resistance, it could regain bullish strength and attract renewed buying interest. However, the downward-sloping trendline continues to act as a strong barrier, limiting upward movement.
In contrast, if the current selling pressure persists, ADA may struggle to hold its support. A confirmed break below $0.76 would likely lead to additional downside moves, potentially testing $0.70 or lower. The declining trading volume further indicates weak buyer participation, which may hinder any immediate recovery efforts.
Analyst Ali Martinez Weighs In
Analyst Ali Martinez has also provided insights into the current Cardano price action. According to his latest analysis, ADA is consolidating within a descending triangle pattern, which is often considered a bearish continuation structure. His analysis suggests that the breakout direction will determine the next major price movement, with potential for a 33% price swing.
Martinez emphasizes that if Cardano price breaks below key support, further losses could follow. However, if buyers manage to push the price above the descending trendline, it could spark an altcoin rally, leading to a strong recovery.
In the meantime, Cardano investors remain optimistic, closely watching for a breakout above the $1.14 resistance level to confirm a rally toward $2. Despite the recent price dip, analysts highlight the right-angled descending broadening wedge pattern as a bullish signal. With Cardano price inclusion in the U.S. crypto stockpile, market sentiment remains strong.
Ronny Mugendi
Ronny Mugendi is a seasoned crypto journalist with four years of professional experience, having contributed significantly to various media outlets on cryptocurrency trends and technologies. With over 4000 published articles across various media outlets, he aims to inform, educate and introduce more people to the Blockchain and DeFi world. Outside of his journalism career, Ronny enjoys the thrill of bike riding, exploring new trails and landscapes.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
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