The post ADA Price Holds $0.35 Support as JPMorgan Crypto Trading Plans Boost Institutional Sentiment appeared on BitcoinEthereumNews.com.

Luisa Crawford
Dec 26, 2025 17:06

Cardano trades at $0.35 after JPMorgan’s institutional crypto pivot signals broader adoption, while technical indicators suggest key support test ahead for ADA price action.

Quick Take • ADA trading at $0.35 (down 2.1% in 24h) • JPMorgan’s institutional crypto trading consideration boosting sector sentiment • Testing critical support confluence near $0.34-$0.35 zone • Following Bitcoin’s subdued performance amid holiday trading volumes Market Events Driving Cardano Price Movement The most significant catalyst affecting ADA price this week emerged from JPMorgan Chase’s reported consideration of offering cryptocurrency trading services to institutional clients. This represents a notable shift from CEO Jamie Dimon’s historically critical stance on digital assets and signals growing institutional acceptance of the crypto market. While this development provided positive sentiment across the cryptocurrency sector, ADA price has remained relatively contained within its recent trading range. The news coincided with broader market stability, as U.S. stocks hovered near record highs in subdued post-Christmas trading. Gold and silver prices jumped significantly due to economic uncertainties and Federal Reserve rate cut expectations, creating a mixed backdrop for risk assets. The institutional adoption narrative has provided underlying support for Cardano technical analysis, preventing deeper selling despite the current 2.1% daily decline. However, holiday trading volumes have limited the immediate price impact, with ADA price consolidating rather than breaking higher on the news. ADA Technical Analysis: Testing Critical Support Zone Price Action Context ADA price currently sits at $0.35, positioned precisely at the pivot point level identified in our Cardano technical analysis. The cryptocurrency is trading well below all major moving averages, with the 7-day SMA at $0.36 providing immediate overhead resistance. The 20-day SMA at $0.39 represents a more significant hurdle, while the 200-day SMA at $0.67 highlights the longer-term…

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Filed under: News - @ December 26, 2025 6:15 pm