Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
Cardano News: ADA Price Stuck Below $0.80 as Bears Test Key Supports

Cardano News: ADA Price Stuck Below $0.80 as Bears Test Key Supports

CryptotickerCryptoticker2025/09/28 17:54
By:Cryptoticker

Cardano Price Faces Selling Pressure

The $Cardano Price has slipped to around $0.76, extending its recent correction. Traders are watching closely as Cardano News remains cautious, with ADA struggling to hold above major support levels. The $0.80 barrier has proven difficult to reclaim, and bearish momentum is starting to weigh on sentiment.

Cardano Price in the past month - TradingView

Cardano Price Resistance at $0.80

The $0.80 zone remains the immediate resistance for ADA. Multiple attempts to break higher have failed, keeping the Cardano Price capped. A sustained move above $0.80 would be the first bullish signal, potentially opening a path back toward $0.85 and $0.90.

ADA/USD 1-day chart - TradingView

For now, however, ADA bulls face a tough battle against downward pressure. The chart shows ADA trading below the 50-day moving average ($0.86), signaling that short-term momentum has shifted in favor of the bears.

Cardano Price Support Levels to Watch

On the downside , ADA’s immediate support sits near $0.73 (200-day moving average). If this level fails, the next support lies at $0.71. A break below $0.71 could accelerate selling toward $0.62, and in a worst-case scenario, $0.55.

The $0.73–$0.71 zone is therefore critical for holding ADA’s medium-term bullish structure. If broken, the Cardano Price risks sliding into a deeper bearish phase.

Cardano Price Prediction from a Technical Outlook

  • Resistance Levels: $0.80, $0.85, $0.90
  • Support Levels: $0.73, $0.71, $0.62, $0.55
  • Indicators: $ADA is trading under its 50-day SMA ($0.86), while still above its 200-day SMA ($0.73). Losing the 200-day SMA would be a strong bearish signal.

At present, ADA is consolidating between $0.80 resistance and $0.73 support. A breakout in either direction will determine the next trend.

Cardano News and Market Sentiment

Recent Cardano News highlights growing interest in the network’s ecosystem, but price action remains subdued. The broader crypto market downturn has weighed on ADA, limiting bullish momentum despite ongoing development activity.

If $Bitcoin stabilizes, ADA could rebound from current levels. However, continued weakness across the market would likely push ADA below its 200-day SMA.

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Mars Morning News | After the Ethereum Fusaka upgrade, the blob base fee surged by 15 million times

Multiple blockchain industry updates: a Bitcoin OG wallet transferred 2,000 BTC; Cloudflare outage was not caused by a cyberattack; the DAT bubble has burst; Ethereum Fusaka upgrade fees have surged; LUNC has risen over 80% intraday. Summary generated by Mars AI. This summary was generated by the Mars AI model, and the accuracy and completeness of its content are still under iterative improvement.

MarsBit2025/12/06 18:10
Mars Morning News | After the Ethereum Fusaka upgrade, the blob base fee surged by 15 million times

Drones, Fake Birdsong, and Broken Glass Traps: Malaysia is Undergoing an Unprecedented "Bitcoin Crackdown"

The Malaysian government is intensifying its crackdown on illegal bitcoin mining, utilizing technologies such as drones and sensors to uncover numerous operations, with electricity theft causing significant losses. Summary generated by Mars AI. The accuracy and completeness of the content generated by the Mars AI model are still in the process of iterative improvement.

MarsBit2025/12/06 18:10
Drones, Fake Birdsong, and Broken Glass Traps: Malaysia is Undergoing an Unprecedented "Bitcoin Crackdown"

Bitwise CIO: Stop Worrying, MicroStrategy Won't Sell Bitcoin

There are indeed many concerns in the crypto industry, but MicroStrategy selling bitcoin is definitely not one of them.

ForesightNews 速递2025/12/06 18:01
Bitwise CIO: Stop Worrying, MicroStrategy Won't Sell Bitcoin

A 6200-fold profit: Who is the biggest winner of Moore Threads?

On December 5, Moore Threads officially debuted on the STAR Market, opening at 650 yuan, a surge of 468.78% compared to its issue price of 114.28 yuan.

深潮2025/12/06 17:12
A 6200-fold profit: Who is the biggest winner of Moore Threads?
© 2025 Bitget