Cardano Price Prediction: ADA Defends $0.50 Support as Bulls Eye a Recovery Towards $0.70 and Higher Resistances

Cardano price is holding firm above the key $0.50 support level, with participants eyeing a potential rebound as on-chain accumulation and liquidity data signal growing bullish momentum.

Despite a quiet trading week, Cardano price continues to attract attention as buyers fiercely defend the $0.50 zone. The steady inflows and repeated rebounds around this support suggest that bulls are quietly positioning for a comeback.

$0.50 Holds the Key for Cardano’s Next Rebound

Cardano’s structure continues to respect the major support at $0.50, a zone that has repeatedly absorbed selling pressure over recent sessions. Ali Martinez’s chart shows price reacting cleanly to this horizontal level, hinting at a potential base formation if buyers sustain momentum. Candlestick wicks around this area emphasize how liquidity is being trapped below, suggesting a buildup before the next expansion move.

Cardano price continues to defend the crucial $0.50 support zone, signaling strong buyer interest and a potential base for the next rebound. Source: Ali Martinez via X

If $0.50 remains intact, a recovery towards $0.70 appears plausible. The mid-range resistance at $0.60 could act as a checkpoint where short-term traders take profit before continuation. The market’s current compression phase favors a gradual reclaim rather than a sharp reversal, but holding this level keeps the broader recovery structure valid.

Liquidity Walls Indicate ADA’s Upside Roadmap

After tapping into a dense buy wall, Cardano has shown signs of short-term recovery momentum. CW8900’s chart highlights how liquidity imbalances are shifting upward, with three major sell walls visible up to $0.63. This clustering suggests a layered resistance structure that price may gradually break through.

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Cardano’s liquidity map reveals strong buy-side support and layered sell walls up to $0.63, outlining a clear roadmap for ADA’s next breakout attempt. Source: CW8900 via X

As bids strengthen around $0.55, the path to $0.63 opens, offering a measured progression of liquidity grabs. If these walls get cleared with volume confirmation, ADA Cardano price could extend its short-term breakout towards the upper supply at $0.67.

On-Chain Accumulation Strengthens Cardano’s Long-Term Outlook

Fresh data from TapTools reveals a telling on-chain trend, over $2 billion worth of ADA has been withdrawn from exchanges in the past year. This marks a significant net outflow, implying long-term holders continue accumulating off-exchange.

Over $2 billion worth of ADA has been withdrawn from exchanges. Source: TapTools via X

This off-chain buildup aligns with the typical pre-expansion behavior seen in prior ADA cycles. Reduced exchange balances often precede structural recoveries, as selling pressure eases while liquidity thins.

Cardano Price Prediction Targeting $2.00

Waleed Ahmed’s macro chart paints a potentially explosive harmonic pattern that mirrors earlier phases of Cardano’s cycle. The structure outlines a large XA–BC projection, with the completion point around the $2.00 zone, which aligns with the 0.886 Fibonacci retracement of its prior peak. This suggests a long-term accumulation-to-expansion phase could be underway if price maintains current higher lows.

Cardano’s harmonic setup points toward a potential $2.00 target, hinting at a long-term bullish reversal ahead. Source: Waleed Ahmed via X

On the shorter timeframes, Cardano price remains above its structural base, with mid-range levels between $0.65 to $0.70 serving as near-term checkpoints. A confirmed weekly close above $0.70 could reignite momentum towards $1.10, marking the first leg of a multi-month expansion wave. If the harmonic pattern plays out as drawn, ADA’s macro bias could remain bullish well into 2026.

Final Thoughts: Community Bets on the $0.57 Floor

Cardano’s community sentiment remains resolute, with participants like Cardatson confidently asserting that Cardano price won’t ever fall below $0.57 once recovery begins. This conviction reflects growing alignment between long-term holders, on-chain metrics, and technical setups that all point to stabilization.

Cardano price is trading around $0.56, down -5.47% in the last 24 hours. Source: Brave New Coin

While Cardano price remains confined within its mid-cycle range, market participants continue to treat every dip as accumulation territory. The combination of fundamental accumulation, strong community backing, and resilient support zones creates a foundation that could fuel the next sustained leg higher, especially if momentum reclaims the $0.65 to $0.70 zone.