After months of struggling below major resistance, Cardano is showing bullish signs in the long term. The price has recovered from the $0.15 lows, formed higher lows and moved back above the closely watched resistance. At the same time, momentum has improved, suggesting that the buyers are gradually gaining control. However, an important obstacle still remains.
Following a consistent recovery, the ADA price is inching close to a strong resistance zone around $0.25, which could be a decisive range. On the other hand, the long-term price action suggests the third-generation crypto is building its long-term structure. So, has Cardano finally found a lasting bottom, or is this just another temporary recovery?
Has ADA Finally Broken Out of its Downtrend?
The daily chart of Cardano shows early signs of a trend reversal. After finding a bottom around the $0.14 to $0.15 zone, the price has started to form higher highs and lows and has now reclaimed the crucial 200-day MA. This is an important shift because this range has previously acted as a resistance.
As shown in the chart above, the ADA price is rising within a rising parallel channel and approaching the channel’s resistance. Also, the RSI is surging along the rising trend line, indicating strengthening momentum. The next major test is the $0.23 to $0.26 resistance zone, and as the crypto has not cleared it since June, the breakout is required to be backed by strong buying volume. A strong daily close above $0.26, followed by a successful retest, would strengthen the breakout and potentially open the way toward $0.30.
ADA Weekly Price Analysis: What Happens After Breaking $0.26?
The weekly chart gives strong bullish signals. ADA price has spent a long time trapped in a broader downtrend, but the move from the $0.14 to $0.15 range flipped the trend. Instead of simply rebounding and making another lower high, Cardano price is attempting to build a stronger base as the heavy bearish momentum has begun to fade.
The price has rebounded from the local lows and cleared the local resistance range around $0.25, while the next major hurdle is at $0.40. In the meantime, the weekly RSI is undergoing a parabolic recovery, substantiating the daily RSI, which is also rising. A sustained weekly close above $0.40 could build a strong case toward the $0.80 region. In other words, the weekly chart is not saying ADA is already headed to $0.80, but it is showing a possible path.
Cardano Price Prediction: Can ADA Reach $0.40 in 2026?
The current setup suggests a larger recovery is possible, but Cardano bulls are required to push the rally above the crucial levels. A move toward $0.30 looks like a reasonable first objective if momentum continues, while $0.40 would require a much stronger breakout and broader market support. If the ADA price establishes above $0.26, the bullish case becomes considerably more credible.
Was this writing helpful?
Story Ends Here
Trust with CoinPedia:
Investment Disclaimer:
All opinions and insights shared represent the author’s own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored and Advertisements:
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
Read the Next News
