Cardano price is trading near $0.18 after a recent recovery attempt failed to break higher, with traders now watching whether ADA can reclaim key resistance levels or continue its correction toward deeper support. According to Brave New Coin data, Cardano is trading around $0.18 with a market capitalization near $6.9 billion.
Cardano Struggling Below $0.20 Resistance
Cardano’s short-term recovery has started losing momentum after price failed to sustain movement above the $0.20 area. The level has become the main resistance zone for bulls, with traders watching whether ADA can reclaim it and continue higher.
ADA faces a critical resistance test near $0.20 as bulls attempt to regain momentum and target higher levels. Source: The Moon Show via X
The Moon Show highlighted $0.25 as the major resistance level, suggesting that a successful reclaim of important overhead zones could trigger further expansion. However, before ADA can target higher levels, buyers first need to regain control above the immediate resistance area around $0.20-$0.21.
A breakout above $0.20 would improve the short-term structure and open room towards $0.22, followed by the stronger resistance zone around $0.25. Meanwhile, failure to reclaim this region would leave ADA vulnerable to another move lower, especially with momentum indicators showing signs of weakness.
MVRV Weakness Signals Short-Term Pressure
On-chain data is adding caution to the Cardano price prediction. Ali Charts highlighted that ADA’s MVRV ratio has experienced a sharp decline, with the indicator showing weakening profitability among holders.
The decline suggests that recent buyers are facing increasing pressure as price struggles to maintain higher levels. Historically, falling MVRV trends can indicate reduced market confidence and increase the possibility of further consolidation.
A chart shows Cardano’s MVRV ratio weakening alongside declining momentum. Source: Ali Charts via X
From a technical perspective, this means ADA needs stronger demand to absorb selling pressure. Without a clear recovery in market participation, the token could continue trading inside a corrective structure.
TD9 Signal Warns of Possible Pullback
Another warning sign comes from technical indicators. Ali Charts noted that Cardano’s daily chart flashed a Tom DeMark (TD9) sell signal, which could indicate a short-term pullback or a new bearish countdown. The signal appeared after ADA pushed higher into resistance near the $0.20 region before failing to continue the move.
A chart shows Cardano receiving a Tom DeMark sell signal after reaching recent highs. Source: Ali Charts via X
While these signals do not always mark a major reversal, they often appear near exhaustion points where buyers begin losing momentum. For ADA, holding the $0.17 support area becomes increasingly important. A breakdown below this level could expose the next demand zone near $0.155.
Cardano Bulls Need $0.25 Breakout for Expansion
Despite the short-term weakness, some analysts continue watching a larger recovery setup. The broader Cardano structure suggests that a breakout above major resistance could trigger a stronger move higher.
The key level remains around $0.25, where previous selling pressure has appeared. A successful reclaim of this area would confirm that buyers have absorbed supply and could shift momentum back towards the upside.
However, until that breakout happens, ADA remains stuck between support and resistance. Traders are likely to focus on whether buyers can defend the current range before attempting another push higher.
ADA Could Retest $0.17 as Structure Shows Mixed Signals
Crypto analyst V noted that ADA’s recent move may require another reset towards the $0.17 area before a stronger recovery can develop. The analyst highlighted $0.154 as the invalidation level for the bullish scenario, making the $0.17–$0.18 zone a key region for buyers to defend. Holding this area would keep the broader recovery structure intact, while a break below $0.154 would suggest the recent bounce has failed.
Cardano shows a potential reset towards the $0.17 support zone as traders watch whether buyers can defend the recovery structure. Source: V via X
At the same time, AltCryptoGems pointed out that Cardano’s structure continues to show weakness, with the possibility of a fresh lower low if support fails. The chart indicates ADA has struggled to maintain its recent recovery and remains vulnerable while trading below key resistance levels, reinforcing the importance of the current support zone.
ADA remains under pressure as weak structure raises the risk of a fresh lower low if key support levels fail. Source: AltCryptoGems via X
Together, both highlighted $0.17 as the critical level to watch. A loss of this area could accelerate selling pressure and open a move towards $0.155, while a successful defense followed by a reclaim of $0.20 would improve the short-term outlook and bring the next recovery targets back into focus.
Cardano Support and Resistance Levels
Cardano is currently trading between major support and resistance zones that will likely determine the next directional move.
Key levels to watch:
- Support: $0.17, followed by $0.155 and $0.154
- Resistance: $0.20-$0.21, followed by $0.25
- Bullish confirmation: Reclaim above $0.20
- Bearish risk: Breakdown below $0.17
A move above $0.20 would put ADA back into recovery mode and increase the probability of a move towards $0.25. However, failure to defend $0.17 could extend the correction towards lower demand areas.
Final Thoughts: What Next for Cardano Price?
Cardano price remains at an important decision point. While the long-term recovery narrative remains alive, short-term momentum has weakened as ADA struggles below key resistance and on-chain indicators show increasing pressure.
Cardano price is trading around $0.18, down 2.30% in the last 24 hours. Source: Brave New Coin
The next major test is whether buyers can defend the $0.17 support zone and reclaim $0.20. A successful breakout would bring $0.25 back into focus, while losing support could delay the recovery and force ADA into another correction phase.
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