Cardano rose to the 13th place in the cryptocurrency rankings in terms of market value, ahead of Chainlink and Monero. This rise coincided with the period when the ADA price was trading in a support zone that is considered critical from a long-term perspective.
Technically critical threshold
Staking infrastructure provider Everstake considered this ranking change as a remarkable step in the advancement of the Cardano ecosystem. The company argued that despite the difficult market conditions, the network continued to develop and this was beginning to be reflected in its market position. Everstake is among the industry players that offer staking services for validators and users on the Cardano network.
Everstake emphasizes that despite the challenging market conditions, Cardano continues to progress and this is more visibly reflected in its position in market value.
However, the price outlook remains cautious. Cryptocurrency trader Ultimae notes that ADA is fluctuating in a zone that worked as strong support during 2020. After the continuous pullback in recent months, the $0.145 to $0.150 range has become the main area that stands out in the short term.
ADA experienced a strong rise in 2021. Afterwards, although recovery attempts were observed from time to time in the period extending until 2024 and 2025, a longer-term decline period came to the fore. The latest decline has moved the price back to the historical demand area, where buying interest has concentrated in the past.
Support and resistance levels stand out
Ultimae predicts that a break below the $0.14 level could weaken Cardano’s technical outlook and continue the downtrend. On the other hand, if buyers maintain the current region and Bitcoin remains strong, it may be possible for the price to move towards the $ 0.20 – $ 0.24 band again.
| Level | Technical meaning |
|---|---|
| $0.145 to $0.150 | Critical support zone |
| below $0.14 | Threshold at which downward pressure can increase |
| $0.20 to $0.24 | The first target region in a possible recovery |
| $0.24 and $0.32 | First areas of resistance |
| 0.55 to 0.60 dollars | Stronger resistance zone |
| $0.72 | Next resistance level |
| $1.18 | Long term positive trend change sign |
Even if a possible recovery begins, there are multiple technical obstacles that need to be overcome for the long-term outlook to change. Initial resistances are located around $0.24 and $0.32, while the stronger resistance band lies between $0.55 and $0.60. Above this, the $0.72 level attracts attention.
Exceeding the $1.18 level is considered a sign of a more permanent and positive trend change in the technical outlook.
The reaction of buyers will be decisive
In a broader perspective, rising above $1.18 is seen as confirmation of positive structural change. Despite this, it is stated that ADA is still below all major moving averages. This indicates that the upside scenario has not yet been technically confirmed.
In the short term, the focus of the market is centered on the $0.145 support. Maintaining this level may pave the way for a reaction rise towards stronger resistance areas. If the support zone is lost, the possibility of selling pressure deepening again comes to the fore.
