Cardano price is showing early signs of a bottoming phase, with buyers defending key support and technical indicators hinting at a potential trend reversal ahead.
Cardano’s latest price action hints that the tide might finally be turning. After weeks of steady decline, Cardano price is showing the first real signs of buyer interest returning to the market. Participants are eyeing the $0.60 region as a possible bottoming level.
Early Signs of Bottoming for Cardano Price
Cardano price is showing the first signs of a potential bottoming phase, with buyers stepping in around the $0.60 to $0.62 range. According to Crypto Zayn, this region has acted as a consistent demand zone across multiple tests. Resistance sits near $0.75 to $0.80, while a clean break above the 50-day SMA could confirm a broader shift in structure.
Cardano’s ADA holds firm near key demand, signaling early signs of recovery as buyers defend the $0.60 support zone. Source: Crypto Zayn via X
Momentum indicators like RSI have begun stabilizing after weeks of downward pressure. If the chart forms a higher low on the 4H timeframe, it would add confluence to this early recovery setup. Sustaining support above $0.60 will be key for ADA to solidify its base before challenging higher levels in the coming sessions.
MACD Cross Adds Momentum Potential
Lark Davis noted that ADA’s MACD lines are preparing for a bullish crossover. Price action remains compressed below the $0.74 to $0.77 resistance, where a breakout would likely confirm a trend shift towards $0.90 to $1.00.
Cardano’s MACD indicator inches toward a bullish crossover, hinting at growing momentum as ADA consolidates below key resistance. Source: Lark Davis via X
For now, the histogram is flattening, suggesting fading bearish momentum. A confirmed cross with volume support could trigger renewed buying strength. However, if ADA fails to reclaim $0.70 to $0.72, the MACD signal may weaken, keeping the pair locked within its current consolidation band.
RSI Recovery Suggests a Short-Term Lift
TapTools highlighted that ADA’s RSI hovering near 39 has often preceded local bottoms and strong rebound phases. This region has historically aligned with accumulation zones, suggesting the market could be setting up for another short-term relief bounce.
RSI hovers near historic accumulation levels, signaling a possible short-term rebound as buying momentum begins to recover. Source: TapTools via X
If RSI recovers beyond 50, it would typically confirm a momentum flip back to bullish control. Combined with improving funding and gradually rising open interest, ADA’s next target lies near $0.78 to $0.82, where prior liquidity zones could attract renewed interest.
Cardano Price Prediction: Structure Setting for Parabolic Run
Cardano price has already rallied more than 150% from its $0.25 cycle low, marking a critical structural shift. The latest flushout, one of the biggest liquidation resets since 2020, may have paved the way for a healthier base before expansion.
Cardano’s structure hints at a potential parabolic setup. Source: Wolfster via X
Wolfster highlights that the next key breakout region lies between $0.80 to $0.85, where momentum confirmation could launch ADA Cardano price towards $2.50 to $4.00. Should ADA sustain weekly closes above this zone, it could set up for a continuation wave similar to the previous cycle. Support below $0.58 to $0.60 remains the invalidation range for now.
On-Chain Accumulation Strengthens the Bullish Case
Fresh data from TapTools shows over $300 million in ADA has been withdrawn from exchanges since late September, reflecting one of the strongest self-custody trends of the quarter. This pattern points to investors locking away tokens for longer-term holding rather than trading.
Over $300 million in ADA has left exchanges since late September, signaling strong investor confidence and growing long-term accumulation. Source: TapTools via X
Historically, such consistent exchange outflows reduce circulating supply and increase the odds of sharp recoveries once demand resurfaces. As long as this accumulation trend continues, Cardano’s fundamentals remain well-aligned with a gradual but sustainable upward trajectory.
Final Thoughts: What’s Next for Cardano?
Cardano’s current setup shows early recovery signals both technically and fundamentally. The alignment between RSI recovery, a potential MACD crossover, and heavy exchange outflows builds a constructive backdrop for further upside. Buyers defending the $0.60 level have so far prevented deeper downside, creating a solid foundation for momentum to build.
If Cardano price reclaims and holds above $0.75 to $0.80, the path towards $1.00+ becomes increasingly likely. On-chain data supports this scenario, showing accumulation continuing quietly in the background. Together, these signs suggest that Cardano price prediction may be entering the early stages of a broader trend reversal.
