Cardano (ADA) price has entered a vulnerable zone, showing signs of weakness after its recent bounce failed to break above key resistance. With both daily and hourly charts flashing warning signals, investors are beginning to question: Is ADA price headed toward a deeper crash? Let’s analyze the charts to find out.

Cardano Price Prediction: What Is the Current Trend on the Daily Chart?

On the daily timeframe, Cardano price is currently trading at $0.694, showing a minor recovery. However, this bounce comes after a clear rejection near the 50-day SMA at $0.716, which is acting as dynamic resistance. The 200-day SMA is even higher at $0.827, indicating a firmly bearish structure.

The candles are Heikin Ashi, and for the last several sessions, they’ve been mostly red with long lower wicks—typical of a downtrend with some buyer interest, but not strong enough to reverse the trend. The most recent candle turned green, but it’s a narrow-bodied candle with no strong upward thrust. This suggests low momentum in the bounce.

The Cardano price is now stuck below all major moving averages (20, 50, 100, and 200 SMA), which further confirms the bearish bias.

Are There Signs of a Breakdown on the Hourly Chart?

On the 1-hour chart, ADA price is hovering around $0.693, just slightly below the 200 SMA ($0.716) and struggling to climb above short-term moving averages. This paints a clear picture of consolidation beneath resistance.

A minor bullish crossover is developing between the 20-SMA and 50-SMA, but it has failed to bring any significant volume or price breakout. In fact, the latest Heikin Ashi candles show indecision, with thin bodies and upper wicks.

Unless ADA price breaks above $0.705 convincingly, this looks more like a pause before another leg down rather than a breakout setup.

How Low Can Cardano Price Drop? Key Support Zones Below

Let’s calculate the potential support zones if Cardano price breaks down further. Using Fibonacci and visible price cluster zones, we identify:

• First support: $0.65
• Second support: $0.60
• Critical psychological zone: $0.50
• Long-term support and worst-case zone: $0.35
• To reach $0.35 from the current $0.694:
• Percentage Drop=(0.694−0.35/0.694​)×100≈49.57%

This would be a nearly 50% drop, which is within historical volatility range for Cardano price in downtrend phases. If overall market sentiment turns risk-off (e.g., Bitcoin loses key support), ADA can be disproportionately affected due to its low momentum.

Cardano Price Prediction: Can ADA Recover or Is This Just a Dead Cat Bounce?

At this stage, Cardano price attempt to recover looks weak. There’s no strong buying pressure, volume remains low, and ADA price continues to trade below its 50-day SMA. For a true reversal, ADA needs to:

• Break and close above $0.75, reclaiming the 100-day SMA
• Show strong bullish volume
• Sustain above that level for multiple days

Without that, any bounce is more likely to be a dead cat bounce rather than a trend reversal.

Final Thoughts: Is Cardano Price Crash to $0.35 Likely?

While Cardano price crashing to $0.35 isn’t guaranteed, the technical structure supports that possibility if bears maintain control. With moving averages acting as resistance, no trend confirmation, and low volume on the bounce, the path of least resistance remains downward.

Short-term relief rallies may continue, but without reclaiming at least the 50-day SMA at $0.716, the trend remains bearish. Traders should closely watch the $0.65 and $0.60 zones. A break below $0.60 could open the door for a slide toward $0.50 or even $0.35 in extreme bearish conditions.

Risk management is key. The current bounce should not be mistaken for a trend reversal unless strong confirmation appears on both timeframes.

$Cardano, $ADA