Cardano Price Prediction: ADA Builds a Base Near $0.39—Is a Breakout Towards $0.50 Next?
The post Cardano Price Prediction: ADA Builds a Base Near $0.39—Is a Breakout Towards $0.50 Next? appeared on BitcoinEthereumNews.com.
Cardano price is consolidating near the $0.39 support zone, with a tightening structure, rising accumulation, and analysts watching closely for a breakout towards the $0.44–$0.50 range. Cardano price is holding around the $0.39 region after weeks of controlled consolidation, a zone that is increasingly being viewed as structural support. While momentum remains slow on lower timeframes, the broader picture is now beginning to resemble early-stage accumulation. Cardano price is trading around $0.39, down -0.17% in the last 24 hours. Source: Brave New Coin Across multiple charts and analyst perspectives, ADA is now showing signs of compression beneath resistance, improving structure, and quiet demand. Cardano Price Structure Resembles a Pre-Breakout Base Soka Data suggests that Cardano may be approaching its “XRP moment,” pointing to a tightening range and steady higher lows on the chart. Price is coiling beneath a horizontal resistance band while maintaining trend support, a structure that usually resolves with expansion once liquidity above is engaged. The current range between roughly $0.36 and $0.41 has acted as a balance zone. Each dip into the lower boundary has attracted buyers, while sellers continue to defend the upper band. This kind of compression reflects absorption rather than weakness. Cardano compresses beneath key resistance as higher lows signal a potential breakout setup forming near the $0.36–$0.41 range. Source: Soka Data via X As long as ADA holds above the $0.36–$0.37 region, the broader structure remains constructive. A clean break above $0.41 would shift short-term bias in favor of continuation towards the mid-$0.40s. ADA Next Leg Higher in Focus The Penguin highlights that ADA has likely completed an ABC corrective structure after its initial bounce from the lows. The chart shows price carving a rounded base, followed by a higher low and a slow grind back into the range highs. Corrections remain “slow…
Filed under: News - @ January 18, 2026 9:19 pm