Cardano price prediction

[cryptobro]

Cardano ADA $0.42 is struggling to reach the 20-day EMA (0.47), indicating a lack of demand from the bulls.
ADA/USDT daily chart. Source: Cointelegraph/TradingView

The bears will try to strengthen their position by pulling the Cardano price below the $0.38 level. If they manage to do that, the ADA/USDT pair could resume the downtrend and retest the Oct. 10 panic low of $0.27.

Buyers will have to drive and maintain the price above the breakdown level of $0.50 to indicate strength. The pair could then rise to the 50-day SMA ($0.56) and later to the $0.70 level.

[Nahid Hossen]

Hyperliquid’s volume spike hints at strong trader interest.

[Abdul Khan]

A break above resistance could finally trigger upside momentum.