Cardano’s ADA token is down and faces a brutal supply wall near $0.40, where relentless selling pressure threatens to derail bulls’ hopes of an extended upside.

The token changed hands nearly 4% in the red on Friday, hovering around $0.38 as short-term downside risks persist for top coins. As the chart below shows, ADA traded to a daily low of $0.379.

Cardano price hits supply wall near $0.40

Cardano’s price action has recently encountered a formidable supply wall around the $0.40 threshold, a level that has repeatedly acted as a barrier to upward momentum.

The 50-day exponential moving average sits at $0.41, and acts as a stubborn ceiling that has informed multiple price rejections.

Meanwhile, ​the Relative Strength Index (RSI) on the daily chart currently lingers below the neutral mark. In technical analysis, this highlights a potential extension towards the oversold territory with a sloping outlook.

Another indicator, the ADX, shows a reading of 19.5 and points to bearish strength.

The negative directional dominance favours sellers.

The MACD similarly shows bearish divergence under the zero line, while Bollinger Bands contract toward the lower rail. It all adds up to a token facing huge downside volatility.

The $0.40 zone is therefore just another key resistance level, but a zone of notable supply overhang.

Cardano shows weakness amid broader headwinds

Cryptocurrencies ended the past year largely bearish amid broader market headwinds.

This saw Bitcoin struggle to defend key levels and fall to lows of $80,000 before bouncing. BTC, however, has retreated from above $97,500, and this looks to have capped momentum for top altcoins.

QCP analysts recently noted that while the macro environment could boost bulls, volatility might remain elevated. Both Bitcoin and Ethereum thus show a risk-off outlook unless the market sees cleaner spot bids.

Vaulta is among the altcoins to falter amid this downturn, and Cardano’s on-chain metrics, like dormant supply activation, point to similar sell-off pressure.

Recent rejections from the 50-day EMA also come after prices fell sharply from above $0.82 on October 10, 2025. The moving average now sits at $0.41 and recently triggered a decline to lows of $0.37.

Currently, ADA is back at the fragile $0.38 support, and with funding rates flipping negative, shorts may have an upper hand.

This classic bearish signal signals that retail optimism is evaporating. However, the 26% decrease in daily volume betrays weak conviction, and price may probe the key supply zone again.

If ADA price doesn’t reclaim $0.40 with a volume surge, it risks a 10% breakdown that could bring multi-month support lows of $0.32.

The post Cardano price hits a supply wall near $0.40: can ADA hold support? appeared first on CoinJournal.

Cardano price hits a supply wall near $0.40: can ADA hold support?

Source: https://coinjournal.net/news/cardano-price-hits-a-supply-wall-near-0-40-can-ada-hold-support/

Check our Market Overview 

Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always conduct your own research (DYOR).

Cardano (ADA) has plummeted nearly 9% in the past 24 hours, trading as low as $0.51 on November 14, 2025.

The sharp decline has added significant pressure on bulls, with ADA dropping to near the psychologically vital $0.50 support level.

Losses in close to double-digit figures now see this mark in jeopardy, threatening a dump to lows witnessed in October.

Cardano price falls 9% to near $0.50

As one of the top 10 cryptocurrencies by market capitalisation, Cardano’s native token has mirrored the sector-wide downturn.

In the past 24 hours, this dip has gathered pace amid Bitcoin’s breach below $100,000, with BTC touching $97,000.

For Cardano, the drop from intraday highs of $0.57 to current levels around $0.51 highlights the fragility of recent demand zones at $0.56 and $0.54.

Notably, bears have capitalised on the momentum, extending losses from earlier peaks near $0.60.

Another leg down if bulls fail to hold $0.50 could accelerate selling, potentially seeing ADA revisit year-to-date lows of $0.27.

The altcoin touched the mark on October 10, 2025.

However, the level did serve as a rebound buffer in recent months.

Why did Cardano price fall sharply?

As noted, Cardano’s plunge in the past 24 hours is emblematic of a cascading altcoin rout.

Bitcoin’s dramatic fall below $100,000 for the first time since May had top altcoins shedding gains.

Ethereum dropped 8% to near $3,160, Solana declined nearly 10% to below $143, and XRP shed 8% to under $2.30.

Overall, the market convulsion appears pegged on macroeconomic headwinds, this week getting downside momentum despite the US government shutdown, the longest in history at over 40 days, ending on November 13.

President Donald Trump signed a short-term funding bill to end the impasse, a move that sparked brief optimism.

However, investor jitters quickly resurfaced, with US stocks cratering amid fears over the shutdown’s economic scars.

Mostly, the market is pricing in a collapse in the odds of a Federal Reserve rate cut in December.

Analyst on market outlook

Also, risk-off sentiment saw Bitcoin ETF flows flip negative with $870 million in outflows on Nov. 13, the second-largest so far.

Spot Ethereum ETFs also saw exits, with a total of $260 million net outflows that marked the third consecutive day of outflows for the top altcoin.

While the overall sell-off pressure could see ADA price fall and extend the rot below $0.50, analysts are suggesting a short-term dump followed by sustained gains.

Dragonfly managing partner Haseeb Qureshi contextualised the market outlook. In a post on X, he noted:

“Today’s market is much easier,” citing solid fundamentals and a resilient crypto infrastructure.

TBH this is the easiest bear market I’ve ever seen.

Seems like most of you have forgotten what 2022 was like. Luna collapsing, then 3AC, then FTX, then Genesis, BlockFi, Axie, NFTs–pretty much everything felt like a house of cards.

And then after all that stuff collapsed, the… https://t.co/DUwOZCBG3K

— Haseeb ＞|＜ (@hosseeb) November 14, 2025

Still, short-term consolidation or weakness looms for BTC and altcoins.

If Cardano gets into the mix as has happened so far, a dip below the $0.50 threshold might allow bears to chase $0.27.

Longer-term, though, Cardano’s fundamentals suggest bulls have a shot at regaining the upper hand.

This scenario puts a rebound toward $1 as a base case, with the all-time peak of $3.10 a key target.

The post Cardano price dips 9% as bulls face market turmoil appeared first on CoinJournal.

Cardano price dips 9% as bulls face market turmoil

Source: https://coinjournal.net/news/cardano-price-dips-9-as-bulls-face-market-turmoil/

Cardano (ADA), with its price around $0.87, remains among the top 10 cryptocurrencies by market cap despite bulls struggling over the past month.

While altcoins like Filecoin and BNB surge, ADA hovers at the current level after bears once again showed determination near $0.88.

The token’s 0.5% decline over the past 24 hours amid broader market bounce signals consolidation with technical indicators painting a potential short term bullish flip.

A cascade of selling pressure may otherwise hasten ADA price crash to the $0.70 level.

Cardano price: what are analysts saying?

Market sentiment and broader macro influences weigh heavily not just crypto but overall risk assets.

This includes the US Federal Reserve’s anticipated rate decisions on Sept. 17 that analysts say could be notable for investor sentiment.

“The Fed is widely expected to begin its next easing cycle tonight, with markets fully pricing in a 25bp cut that will bring the policy rate to 4.00–4.25%,” analysts at QCP wrote. “Given the Fed’s well-telegraphed intention to start cutting in September, investor focus is squarely on the Summary of Economic Projections (SEP) for clarity on the pace and scale of easing through 2026. Current market pricing reflects three cuts in 2025 and an additional three in 2026. Powell’s press conference will provide further details on the Fed’s near-term policy path.”

ADA price: 150% amid bullish technical picture?

Over the past week Cardano’s price action has been characterized by a tight consolidation within a descending triangle pattern.

This is a technical formation that often leads to sharp directional moves.

Whereas ADA hovers just above its 20-day exponential moving average (EMA) at $0.86, the Relative Strength Index stands at 51 to suggest room for both bulls and bears.

Buyers can explore a new leg before hitting overbought conditions.

Conversely, hovering near the neutral mid-point signals that sellers have a similar outlook before ADA likely tips towards the oversold territory.

On the upward, Cardano will target the psychological barrier around $1.00 and then a new leg up.

However, if bulls fail to rally, a dip to the historical floor around $0.80 will offer an opportunity for new buying interest.

The $0.70 area is the other big zone of interest for sellers.

Such a move would mean a 10-15% retracement, before bulls retake control and ADA aims for $0.95 and above $1.00.

A 150% surge from current levels means Cardano could hit $2 or higher in coming months.

Bulls’ aim will also include the all-time high above $3.10 reached in September 2021.

The post Cardano price forecast: Could Fed decision catalyze 150% gains for ADA? appeared first on CoinJournal.

Cardano price forecast: Could Fed decision catalyze 150% gains for ADA?

Source: https://coinjournal.net/news/cardano-price-forecast-could-fed-decision-catalyze-150-gains-for-ada/

Cardano (ADA) has surged in value following a mix of bullish technical patterns and a heated public exchange involving its outspoken founder, Charles Hoskinson.

The price of ADA currently sits at around $0.75, climbing over 39% in July alone and catching the attention of traders and analysts alike.

Despite the distraction caused by the scam allegations levelled against Input Output (IOG), Cardano’s strong price action and favourable chart structures suggest that its bullish trend remains intact.

Hoskinson hits back at online scam claims

A person named Robin Engraf emailed Hoskinson, accusing Gabriel Martin, allegedly from Input Output (IOG), of embezzling funds during a supposed “trade withdrawal.”

Engraf claimed to have months of chat logs and bank records, urging US authorities to act.

In response, Hoskinson, the founder of Cardano and IOG, has responded to the email publicly, dismissing the accusation as not only baseless but also a reflection of broader gullibility in crypto communities.

In a stern statement, Hoskinson has criticised the trend of blaming public figures for falling victim to scams, calling out what he described as “carelessness and stupidity.”

He emphasised that such incidents are not new and have been occurring for nearly a decade, largely due to impersonators and false promises of extraordinary returns.

Hoskinson didn’t hold back as he argued that people often refuse to take responsibility after being deceived by schemes that promise easy profits.

He noted that victims of scams frequently turn their frustrations toward legitimate figures and companies, despite having no evidence of wrongdoing on their part.

While Hoskinson’s remarks sparked debate online, they also served as a reminder of the ongoing risks tied to impersonation fraud in the cryptocurrency space.

His message, though controversial, aligned with years of warnings about avoiding offers that seem too good to be true.

Current Cardano price action signals a bullish momentum

Even as this public spat unfolded, ADA’s market performance has continued to impress.

The cryptocurrency recently broke out of a long-standing downtrend around $0.63 and has since climbed steadily, forming a series of higher lows and testing resistance at $0.78.

According to market analysts, ADA is currently forming a symmetrical triangle pattern on the 4-hour chart, often a bullish continuation signal.

If the price pushes decisively above $0.80, it could open the path toward $0.84 and potentially even the psychological $1.00 mark.

Technical indicators also appear to support this view, with the Relative Strength Index (RSI) climbing above 70 and the Moving Average Convergence Divergence (MACD) maintaining a bullish crossover on both daily and weekly timeframes.

On-chain volume has also increased during price rallies, further supporting the case for sustained upward momentum.

Trader sentiment has tilted strongly bullish

Alongside strong technicals, trader positioning continues to lean bullish.

According to TapTools, over 70% of open positions on Hyperliquid and Binance are long on ADA, suggesting that the broader market expects further gains in the near term.

This confidence has been building as ADA remains above key support levels, particularly the $0.73 mark.

ADA’s price range over the last 24 hours has fluctuated between $0.7151 and $0.7536, with current levels testing the $0.78 resistance zone.

If bulls manage to flip this zone into support, analysts expect a smooth move toward higher targets in the coming weeks.

Despite the lingering distraction caused by the scam allegations, traders appear more focused on ADA’s improving fundamentals and technical posture.

Hoskinson’s blunt response may have sparked debate, but it has not shaken the conviction among ADA supporters.

The long-term ADA price outlook is optimistic

With its market cap standing at over $27 billion and a circulating supply exceeding 36 billion tokens, ADA continues to rank among the top 15 cryptocurrencies.

Analysts like StonkChris see potential for ADA to revisit the $2 level later this year, especially if broader market sentiment continues to shift risk-on.

Sometimes charts are really just this simple.

A series of higher lows and higher highs.

$2 $ADA incoming. pic.twitter.com/F0ALHesB2v

— Chris (@StonkChris) July 15, 2025

The recent launch of Reeve, an open-source middleware platform by the Cardano Foundation, adds another layer of optimism.

The initiative aims to bridge blockchain with traditional ERP systems, reinforcing ADA’s use case in enterprise environments.

In the short term, all eyes are on ADA’s ability to hold key support levels and break through resistance with conviction.

As technicals align with market sentiment, ADA may be setting up for one of its most important moves of the year.

While controversy continues to swirl around its founder, Cardano’s price action remains strong, reminding the market that, in crypto, fundamentals often speak louder than headlines.

The post ADA price jumps as Cardano founder Charles Hoskinson responds to scam allegations appeared first on CoinJournal.

ADA price jumps as Cardano founder Charles Hoskinson responds to scam allegations

Source: https://coinjournal.net/news/ada-price-jumps-as-cardano-founder-charles-hoskinson-responds-to-scam-allegations/

Cardano (ADA) is just in the green on the day, up about 0.5% in the past 24 hours at the time of writing and risking fresh losses.

Bitcoin’s surge to above $106 has bulls eyeing more upside, and Cardano could ride the broader uptick to snap its bearish daily close streak.

However, with ADA trending in a broadening wedge, a potential retest of the lower trendline suggests buyers may yet hit the rocks.

Cardano price today

Cardano has faced significant volatility over the past month. Having reached highs of $0.84 in late May, the past week has seen it extend losses to nearly 20% over the month and 5% this past week.

This has come amid a broader risk asset sell-off, catalyzed by escalating Middle East tensions.

Currently, the $0.60 level is acting as a near-term support, aligning with a trendline formed since December 2023.

A failure to hold $0.60 could precipitate a retest of $0.50 or lower, particularly as on-chain data indicates rising selling pressure from long-term holders.

ADA price technical outlook

From a technical perspective, ADA is confined within a broadening wedge pattern, characterized by diverging trendlines that suggest increasing volatility.

This pattern implies a potential retest of the lower trendline, which could drive prices toward $0.40 if bearish momentum persists.

Notably, the MACD on the weekly chart shows a bearish crossover, with the MACD line below the signal line, reinforcing downside pressure.

Similarly, the RSI, currently at 44, is below the neutral 50 level and trending downward.

This indicates fading bullish conviction and room for further declines before reaching oversold territory.

These indicators collectively warn of a bearish outlook in the short term.

However, a bullish reversal remains plausible if ADA breaks above the upper wedge boundary of the recently formed pattern.

Such a breakout could catalyze a significant rally, potentially exceeding +380% and targeting levels above $1.6 to $2.00.

This price forecast aligns with historical price cycles and optimistic market conditions.

In the short term, key resistance lies at $0.80 and $1.14, potentially paving the way for$1.5 or higher.

Analysts see the interplay of whale accumulation, with millions of ADA acquired recently, and potential catalysts like an ADA ETF approval bolstering bullish sentiment.

Nevertheless, broader market weakness and profit taking could derail bulls.

In this case, a breakdown below $0.60 could bring $0.40 into play.

The post Cardano price forecast: ADA holds $0.60 but risks fresh losses appeared first on CoinJournal.

Cardano price forecast: ADA holds $0.60 but risks fresh losses

Source: https://coinjournal.net/news/cardano-price-forecast-ada-holds-0-60-but-risks-fresh-losses/

Cardano is trading near $0.60 on Saturday afternoon, about 1.3% up in the past 24 hours. However, with price dipping below the above area, its likely sellers could eye further moves amid broader crypto market correction.

Analyst says ADA faces correction

A sell signal in the form of a TD Sequential indicator on Cardano’s 3 day chart. That is the outlook crypto analyst Ali shared via X on February 23.

In technical analysts, the TD Sequential helps traders identify a potential reversal point in an asset’s market trend. With it, traders can pinpoint buy or sell signals – with this usually the case for token prices either reversing upward or downward.

As the analyst notes, Cardano’s price has corrected downward on previous occasions when this indicator flashed bearish. Ali wrote:

“The TD Sequential indicator shows a sell signal on the #Cardano 3-day chart. It’s important to note that the last two times this indicator signaled bearish, $ADA experienced a price correction!”

Here’s the chart the analyst shared:

Cardano reached highs of $0.63 on February 20 but could fall to support at $0.50 if bulls fail to hold above $0.57. The next major support area could be around $0.45.

On the flipside, invalidation of the sell signal may see buyers target intraweek highs. Potential resistance above $0.60 could be at mid-December highs of $0.66. Above this level, ADA may run to the psychological $1 level.

The post ADA near key level as analyst says Cardano faces correction appeared first on CoinJournal.

ADA near key level as analyst says Cardano faces correction