The post Cardano (ADA) Price Analysis for December 23 appeared on BitcoinEthereumNews.com.

Bears are dominating over bulls on the second day of the week, according to CoinStats. ADA chart by CoinStats ADA/USD The rate of Cardano (ADA) has dropped by 3.18% since yesterday. Image by TradingView On the hourly chart, the price of ADA is near the local support of $0.3607. If buyers cannot seize the initiative and a bounce back does not happen, there is a high chance to see a test of the $0.3550 area soon. Image by TradingView On the longer time frame, the rate of ADA is going down after a false breakout of the resistance at $0.3809.  You Might Also Like If the situation does not change, one can expect a test of the $0.35 zone shortly. Image by TradingView From the midterm point of view, there are no reversal signals so far. If the weekly bar closes near or below the $0.35 zone, traders may witness an ongoing decline to the $0.30 range until the end of the month. ADA is trading at $0.3605 at press time. Source: https://u.today/cardano-ada-price-analysis-for-december-23

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Filed under: News - @ December 23, 2025 8:24 pm