Cardano Price Slides Back to 900-Day Support — Is ADA Headed for a Deeper Drop?

Cardano is once again under heavy pressure, and the latest bounce may have already run its course.

After months of lower highs and repeated failures at key resistance, ADA is now clinging to a long-term support trend line that has held for over two years.

Traders are watching closely because if this level gives way, the technical damage could be severe.

With momentum indicators firmly bearish and the recent move looking corrective rather than impulsive, the question now is simple: Is Cardano about to see another significant leg down?

ADA Price Analysis

The ADA price has plummeted significantly since reaching its cycle high of $1.32 in December 2024.

During this time, the Cardano price created several lower highs.

However, it managed to prevent a breakdown from the $0.53 horizontal support area.

More recently, it created a very long lower wick (green icon) in October.

Although the bounce was substantial, it was insufficient for the bulls to initiate a rally.

Instead, ADA eventually broke down from the $0.53 area, confirming that the trend is bearish.

This week, it has nearly broken down from the long-term diagonal support that has been in place for 924 days.

Why is ADA’s Price Going Down?

Zooming out makes the picture even more bearish.

Based on the price movement since the 2021 all-time high, ADA’s entire increase this cycle has been corrective.

If this is the case, the breakdown from the diagonal support trend line will begin an even sharper downward movement, taking the price to its 2021 lows near $0.10.

Hence, the ADA price could plummet by nearly 80% in 2026.

Momentum indicators are bearish.

• The Relative Strength Index (RSI) is below 50.
• The Moving Average Convergence/Divergence (MACD) is negative.

Therefore, the long-term ADA price prediction is decisively bearish.

All eyes are on the long-term diagonal support, since once that falls, the ADA price could crash.

Short-Term ADA Price Prediction

As for the short-term prediction, ADA has completed an A-B-C correction since the start of December.

The corrective bounce aligns with the long-term readings, confirming that new lows are likely.

Therefore, the long- and short-term charts align.

Once the ADA price breaks down from its diagonal support, it is likely to resume the crash that began in December 2024.

Bearish 2026 for Cardano

Cardano’s structure is flashing growing warning signs.

The loss of the $0.53 horizontal level, combined with a test of a nearly 1,000-day ascending support trend line, suggests the broader trend has shifted firmly in favor of the bears.

Momentum indicators offer no relief, and the recent bounce fits the profile of a corrective move rather than the start of a sustainable rally.

If ADA breaks below its long-term diagonal support, the downside could accelerate quickly, opening the door to levels not seen since the last bear market.

About the Author

Valdrin Tahiri

Valdrin Tahiri is a cryptocurrency analyst and reporter at CCN, specializing in technical analysis with a focus on Elliott Wave theory, on-chain metrics, and fundamental research. He brings over seven years of experience in the crypto space as both a trader and writer.

He discovered cryptocurrencies in 2017 while earning his MSc in Financial Markets at the Barcelona School of Economics, which sparked a deep interest in blockchain and market dynamics. Since then, he’s contributed to top crypto outlets like BeInCrypto and CoinGape.

Valdrin also served as Community Manager of BeInCrypto’s Telegram group for three years, helping grow it into one of the largest crypto communities worldwide. His expertise in market structure and price patterns allows him to break down complex trends into clear, actionable insights.

He’s published thousands of articles covering altcoins, Bitcoin cycles, and macro trends.

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