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Markets

Cardano Price Prediction: Can ADA Rally to $0.22 After the Breakout?

Cardano price prediction is back in focus after ADA broke above a descending trendline that had capped the price for weeks. The breakout already happened on the 4-hour chart, but ADA is now h

AnonymousCryptoCompass newsroom
August 1, 2026
8 min read
NEWS
Cardano Price Prediction: Can ADA Rally to $0.22 After the Breakout?
CryptoCompass editorial visual for markets coverage.

Cardano price prediction is back in focus after ADA broke above a descending trendline that had capped the price for weeks. 

The breakout already happened on the 4-hour chart, but ADA is now hovering right at that trigger zone instead of pushing higher, and that hesitation is exactly what traders are tracking closely right now.

Quick Take: $ADA is trading near $0.1706. This is a short- to medium-term read based on the 4-hour chart. A confirmed close above $0.1809 strengthens the bullish ADA price prediction today, while a close below $0.1533 flips the setup bearish.

Cardano Price Right Now

Metric

Value

Price

$0.1706

24h Change

+1.25% (+$0.002101)

Market Cap

$6.22B

Futures Volume (24h)

$400.69M

Spot Volume (24h)

$77.15M

Open Interest

$418.88M

Circulating Supply

36.50B ADA

Total Supply

44.99B ADA

Max Supply

45.00B ADA

Price taken from the live TradingView chart, with volume, market cap, open interest, and supply figures fromCardano data on CoinGlass, checked August 1, 2026, around 11:06 AM IST.

Methodology and Data Sources

This Cardano price prediction uses the 4-hour ADA/USDT chart on Binance via TradingView for price structure, with volume, open interest, and market cap figures from CoinGlass and liquidation flow from CoinGlass's ADA liquidation tracker. 

All levels are treated as invalidated only on a confirmed candle close beyond the stated trigger, not an intraday wick. 

This is a short to medium-term read and is not intended as a long-term Cardano price forecast.

Why Is $ADA Attempting a Breakout Today

$ADA had been sliding along a descending trendline on the 4-hour chart for several weeks, with each bounce getting sold into as sellers kept firm control of the structure. 

The second tap on this trendline produced a fresh lower low, extending the downtrend and confirming sellers were still fully in charge of price action at that stage.

By the third tap, the picture started to change. Instead of breaking down again, ADA held its ground right at the trendline and is now sustaining above it rather than reversing sharply lower. 

That kind of behavior, where price refuses to make a new low at a trendline that once rejected it, often marks the early stages of a structure shift. 

Readers following ourrecent ADA staking anniversary breakout coverage will recognize a similar sustaining pattern from earlier in the trend.

Cardano Liquidation Data Today

Liquidation activity across shorter windows shows longs taking the bulk of the pressure right now.ada latest liquidation

 Over the past hour, $2.35K was liquidated, and all of it came from long positions, with zero short liquidations in that window. 

The 4-hour figure adds to this picture, with $13.04K in total liquidations, split between $3.36K from longs and $9.67K from shorts.

The skew becomes clearer on wider timeframes. Over 12 hours, total liquidations reach $71.92K, with $47.53K from longs and $24.39K from shorts.

 Across the full 24 hours, liquidations hit $412.61K, and longs account for $251.53K of that figure, while shorts make up the remaining $161.08K. 

The heavier long liquidation across both the 12-hour and 24-hour windows lines up with the earlier slide into the trendline, while the short-lived flip in the 1-hour window hints that late sellers are the ones getting caught out as price holds the breakout zone.

A full breakdown of this ADA liquidation data is available onCoinGlass ADA liquidations, checked August 1, 2026, around 11:06 AM IST.

Cardano Price Prediction: 4-Hour Chart Analysis

On the 4-hour chart, $ADA spent several weeks respecting a descending trendline, with each rally attempt fading before reaching the line and each pullback finding support a little lower than before.Cardano technical analysis today

The second tap on this trendline produced a fresh lower low, keeping the broader ADA trend analysis firmly bearish at that point in the structure.

The third tap changed that picture. Rather than breaking down again, ADA sustained right at the trendline, refusing to confirm another lower low, and the price is currently trading a little above that zone. 

This kind of behavior often signals sellers are losing their grip on the structure, though it still needs a confirmed close to validate the shift. 

For a deeper look at how this setup could play out, our coverage on therisk of a major crash weighs both outcomes.

A confirmed close above $0.1809 would be the clearest signal buyers have taken control, opening the path toward $0.1997, then $0.2206 further out. 

If ADA instead fails to build on this strength, a confirmed close below $0.1533 would flip the setup bearish, with $0.1380 becoming the next support in view.

Cardano Technical Outlook Snapshot

Indicator

Signal

Trend

The descending trendline held on the third tap, with the price sustaining above it.

Structure

Sellers losing control at the trendline, follow-through not yet confirmed

Liquidations

Longs dominate the 12h and 24h totals; shorts led the 4h figure.

RSI

Reading near 59.93, cooling from earlier bearish divergence zones on the chart

BTC Correlation

Wider market tone will likely decide whether the breakout extends.

For traders weighing theADA breakout decision point ahead, liquidation flow and RSI cooling both matter as much as the trendline itself.

Cardano Support and Resistance Levels to Watch

Type

Level

Note

Resistance 3

$0.2206

Extended upside target

Resistance 2

$0.1997

Next hurdle after $0.1809

Resistance 1

$0.1809

Confirmation trigger for breakout continuation

Current Price

$0.1706

Sustaining above the trendline

Support 1

$0.1533

Key closing-basis level, breakdown trigger

Support 2

$0.1380

Next, support if the breakdown is confirmed.

Risk-Reward Table

Case

Trigger

Target

Bull Case

Closes above $0.1809 on the 4-hour timeframe

Move toward $0.1997, then $0.2206.

Bear Case

Fails to hold and closes below $0.1533

Slide toward $0.1380.

Invalidation Level

The bullish read on this Cardano price prediction stays intact as long as ADA continues sustaining above the trendline near $0.1706 on a closing basis. 

A confirmed close below $0.1533 shifts focus toward $0.1380, and losing that level would open further downside from there.

If the price instead closes back above $0.1809, that is treated as confirmation the trendline breakout has real follow-through and buyers are maintaining control.

This mirrors the closing-basis logic used in ourADA next move still loading coverage, where a similar trigger determined the next move.

How Bitcoin Could Influence ADA

While this setup is based on ADA's own 4-hour chart, Bitcoin remains the bigger swing factor for the wider altcoin market, and ADA is no exception.

 If Bitcoin holds steady or pushes higher, it improves the odds of ADA clearing $0.1809 and working toward $0.1997 and the $0.2206 zone.

A Bitcoin pullback, on the other hand, raises the chances the trendline breakout fades and ADA slips back toward $0.1533 or $0.1380. 

Traders should also keep an eye on Bitcoin dominance, since a pullback there tends to help altcoins like ADA find fresh buying interest. 

This dynamic played out in a similar way during theearlier broadening wedge flip zone setup covered previously.

Cardano Glossary

Descending Trendline: A downward sloping line connecting successive lower highs, used to track resistance during a downtrend.Bullish Structure Shift: When price stops making new lows at a trendline that previously rejected it, often an early sign of changing momentum.RSI (Relative Strength Index): A momentum indicator used to judge whether an asset has moved too far too fast in one direction.Liquidation: What happens when a leveraged trade gets forcibly closed because the trader ran out of margin to keep it open.BTC Dominance: Bitcoin's share of the total crypto market cap, often used as a gauge of whether capital favors Bitcoin or altcoins.

CoinGabbar's Technical Analyst View

The trendline sustained on the third tap is the more meaningful signal on this $ADA chart, since the pattern had been rejecting price lower for weeks before buyers finally held their ground. 

That said, the breakout has not been confirmed with a decisive close yet, and price sitting just above the trigger zone means the next few candles matter.

A close above $0.1809 would support a move toward $0.1997 and possibly $0.2206. 

A slip back below $0.1533 on a closing basis would suggest the structure has failed, with $0.1380 becoming the next level to watch. 

Wider market direction, and whether Bitcoin dominance eases, will likely have as much say in this ADA coin price prediction as the chart structure itself.

Disclaimer

This Cardano price prediction is based on technical chart analysis and market data available at the time of writing. Cryptocurrency markets are highly volatile, and prices can change rapidly. This content is for informational purposes only and should not be considered financial advice. Always do your own research and consult a qualified financial advisor before making any investment decisions.