Cardano Price Prediction: ADA Defends $0.33–$0.35 Zone While Bulls Eye a Push Towards $0.40 - Brave New Coin

Cardano price is once again at a technical crossroads. With ADA hovering near $0.35, price action has compressed into a zone that has repeatedly defined trend direction throughout the past year. This level now serves as both a psychological and structural pivot, forcing traders to decide whether the market is building a base or preparing for another leg lower.

Decision Point at the Descending Channel

Cardano’s chart frames the situation clearly: ADA has bounced from the $0.33–$0.34 region and is now testing its moving averages while remaining trapped inside a descending channel. The downtrend line continues to cap price, making the $0.38–$0.40 region a critical barrier for any trend reversal attempt.

Cardano’s descending channel keeps ADA capped below the $0.38–$0.40 barrier. Source: Mr. CryptoCeek via X

Mr. CryptoCeek’s highlights that failure to reclaim this band increases the probability of a continuation toward the lower boundary of the channel. That opens downside exposure back toward $0.32, followed by the deeper liquidity pocket near $0.30. On the flip side, a clean break above the downtrend line would shift focus towards the prior breakdown zone near $0.50, marking the first meaningful structural change in months.

Cardano’s Daily Outlook

The daily outlook highlights a more constructive angle. Pipfessor’s chart shows Cardano price tapping a key daily level and holding above it, suggesting that buyers are actively defending the current range. This behavior reflects absorption rather than panic selling, often seen during early base-building phases.

Cardano holds a key daily support near $0.35, signaling buyer defense and opening a potential path towards $0.38 and the $0.40–$0.42 supply zone. Source: Pipfessor via X

As long as price remains above $0.34–$0.35, short-term structure stays intact. Upside continuation would first target $0.37–$0.38, followed by the supply band near $0.40–$0.42.

Intraday Structure Points to a Base

Faith77’s chart zooms into the lower timeframe, showing ADA forming a base above a clearly defined demand zone. The $0.35 area continues to act as a magnet for bids, while minor pullbacks are being absorbed rather than extended.

ADA’s intraday structure shows a local base forming above $0.35, with bids absorbing pullbacks and opening paths towards $0.37–$0.38. Source: Faith77 via X

His projection outlines two paths:

• A shallow sweep into the $0.352–$0.348 region followed by a higher low and breakout towards $0.37
• Or a direct continuation through range highs towards $0.38

This intraday structure suggests that sellers are losing momentum. The market is no longer in a descending trend rather moving in a sideways pattern.

Range Support and Volume Profile Align Near $0.35

The chart from Bitcoinsensus places ADA at the point of control (POC) of its broader range near $0.35, the area with the heaviest historical trading activity. This zone often acts as a magnet for price and a short-term decision point. Below it, key supports sit near $0.33 and deeper around $0.30–$0.31, where prior cycle lows reside. A sustained loss of the POC would shift focus toward these lower boundaries.

ADA sits at the range’s point of control near $0.35, with a hold keeping bounce odds high toward $0.50–$0.55, while a loss shifts risk back to $0.33 and $0.30. Source: Bitcoinsensus via X

On the upside, acceptance above $0.35 opens the path towards $0.50–$0.55, followed by the upper range near $0.70. As long as ADA holds within the $0.33–$0.35 pocket, the probability of a reactive bounce remains elevated.

Looking Ahead: Price Predictions and Outlook

Short-term projections for Cardano remain highly sensitive to how the price behaves around $0.33–$0.36. Aggregate expectations place ADA between continued range trading and a push towards the $0.40–$0.45 zone, depending on whether moving averages are reclaimed.

Cardano was trading at around $0.35, down -0.78% in the last 24 hours. Source: Brave New Coin

If ADA holds above $0.33 and establishes acceptance above the EMA cluster, upside targets extend towards $0.38 first, followed by $0.45–$0.50. These levels align with prior breakdown zones and the upper boundary of the descending structure.

Failure to sustain current support, however, reopens the bearish path towards the lower channel boundary, with risk shifting back towards the $0.30 region.