While sellers maintain the upper hand, on-chain data suggests growing accumulation at lower levels. A decisive move from here could set the stage for either a swift rebound or a deeper correction, making the upcoming sessions crucial for ADA’s next trend.

Cardano (ADA) was trading at $0.69 at the time of reporting. Source: Brave New Coin

Cardano Price Forcast: Where Is Resistance And Support?

Cardano is trapped in a range-bound environment. Source: TradingView

Cardano’s price action has been trapped in a tight range, with bulls and bears battling for control since early March. Momentum has stalled, keeping ADA stuck between key levels as traders await a decisive move. With price now hovering near critical zones, a breakout could spark volatility, while another rejection may deepen the consolidation. Experts are looking at the coming sessions to decide whether Cardano can finally break free or remain locked in its current pattern.

Resistance Outlook

The first key resistance level is around $0.78, marking the upper boundary of the current range. A breakout above this level would signal strength, opening the door toward the next major resistance near $0.92 – $0.94. If momentum sustains beyond this region, Cardano could shift into a more bullish phase. However, failure to break through resistance could lead to further range-bound movement.

Support Outlook

Analysts highlight that Cardano’s immediate support lies between $0.65 and $0.66, a key zone that has held firm in recent sessions. However, if sellers gain momentum and push the price below $0.64, the decline could accelerate further. A breakdown from this level would expose ADA to a deeper pullback, with the next significant support emerging in the lower $0.50s. This region will be crucial in determining whether buyers can regain control or if further downside remains likely.

ADA’s price structure resembles a descending channel. Source: TradingView

Cardano’s On-Chain Activity Surges – What It Means for ADA’s Price

Cardano’s surging on-chain activity could be the spark that ignites a major price rally ahead. As transaction volume holds steady and the number of transactions climbs, it signals growing adoption and increased network utility that has been a key driver of long-term price appreciation. Historically, rising network activity often precedes bullish price action as more users and developers flock to the ecosystem. Could this be the fuel that propels $ADA towards $1.00?

Cardano’s volume and transaction 7-Day stats. Source: Dappradar