The post Cardano’s Slide Continues Above $0.34 appeared on BitcoinEthereumNews.com.

// Price Reading time: 2 min Published: Jan 01, 2026 at 20:07 Updated: Jan 01, 2026 at 22:14 Cardano’s (ADA) price has fallen to a low of $0.34 since December 18, 2025. ADA price long-term forecast: bearish
Cardano is trading within a narrow range, above the $0.34 support but below the 21-day SMA barrier. Buyers have made considerable efforts over the past two weeks to keep the price above the 21-day SMA, but have not succeeded.

On the downside, ADA’s price will fall further if the bears breach the current support level of $0.34. Cardano could then decline to the lower price levels of $0.30 and $0.27. In other words, the bearish momentum may continue until the 10 October price level of $0.295.

Meanwhile, the Cardano price is hovering just above the $0.35 support.

Technical Indicators

Key Resistance Zones: $1.20, $1.30, and $1.40

Key Support Zones: $0.90, $0.80, and $0.70   

Cardano price indicators analysis

After the rejection, the price bars have consolidated below the 21-day SMA. The moving average lines continue to slope downwards. On the 4-hour chart, the price bars are positioned below the horizontal moving average lines. The ADA price has persisted in a Doji candlestick pattern.

What is the next move for Cardano?  
Cardano continues its decline, although it has stalled above the $0.34 support. On the 4-hour chart, Cardano is range-bound, above the $0.34 support but below the $0.38 resistance. As Doji candlesticks reappear, the price movement remains stuck above the $0.35 support level. Doji candlesticks indicate traders have reached a point of indecision.

Disclaimer. This analysis and forecast are the personal opinions of the author. The data provided is collected by the…

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Filed under: News - @ January 1, 2026 10:15 pm