$ADA is trading near $0.1666 after posting a solid 4.26% daily gain, bringing renewed attention to Cardano. Momentum appears to be shifting, and the next few trading sessions could play a maj
$ADA is trading near $0.1666 after posting a solid 4.26% daily gain, bringing renewed attention to Cardano.
Momentum appears to be shifting, and the next few trading sessions could play a major role in determining where the price heads from here.
Let's break down the latest Cardano price prediction.
Metric
Value
Price
$0.1666
24h Change
+4.26% ($0.006807)
Market Cap
$6.06B
Futures Volume (24h)
$504.53M
Spot Volume (24h)
$103.37M
Open Interest
$405.55M
Circulating Supply
36.47B ADA
Total Supply
44.99B ADA
Max Supply
45.00B ADA
Source: CoinGlass, CoinGecko
According to a post from MSB Intel on X, dated July 17, 2026, Cardano has upgraded its Plutus smart contracts to include native BLS12-381 signature verification, a move designed to cut down on off-chain computation.
In simple terms, this lets certain cryptographic checks run directly on-chain instead of relying on external processing, which should make Cardano's smart contract layer both faster and more secure over time.
The upgrade lines up with Cardano's broader push to compete with other layer-1 networks on infrastructure quality, and it comes at a time when ADA is also showing signs of technical strength.
Cardano Liquidation DataAccording to CoinGlass, ADA liquidations have been picking up alongside the recent rally.
In the past hour, $3.72K was liquidated, entirely from long positions, with no shorts wiped out.
Over 4 hours, that number jumps to $41.38K, and this time shorts take the bigger hit at $34.17K against $7.20K in longs.
The 12-hour window shows $164.07K in total liquidations, split between $55.57K in longs and $108.50K in shorts.
Over the last 24 hours, liquidations climb to $925.26K, with shorts accounting for $356.62K and longs for $568.64K.
The heavier long liquidations over the full day suggest ADA saw a rough patch before the bounce, while the more recent short liquidations point to sellers getting caught off guard by the move back above the flip zone.
Cardano Price Prediction: Technical AnalysisMethodology note: This reading is based on the 1-hour ADA/USDT chart on Binance via TradingView, using price structure and the RSI for momentum confirmation. Levels are invalidated on a confirmed candle close beyond the stated trigger, not just an intraday wick.
A flip zone, for readers newer to this term, is simply a price range that has swapped roles between support and resistance more than once.
On the ADA chart, that zone sits between $0.1653 and $0.1662, and it has a long history behind it.
Price held this range as support close to six separate times before finally breaking down through it.
After that breakdown, ADA came back up to test the same zone from below as resistance around seven times, with three of those attempts actually pushing to break above it, only to get rejected each time.
This time is different. ADA has broken through the zone and, more importantly, is sustaining above it rather than immediately rolling over the way it did on the earlier attempts.
That kind of behavior usually points to accumulation, meaning buyers have been steadily building positions underneath resistance until they finally had enough strength to hold above it.
This breakout also follows an earlier move where ADA broke cleanly below a descending channel and has continued to build higher since.
The RSI is currently reading 59.41, up from an oversold bounce near the recent low and past a brief bearish signal that showed up close to the last major resistance test, which supports the idea that momentum is still leaning constructive for now.
For the setup to stay valid, the flip zone needs to hold as support going forward. A confirmed close below $0.1578 would break that thesis and put the setup back in bearish territory.
Support and Resistance LevelsType
Level
Note
Resistance 2
$0.1745
Next major upside target
Resistance 1
$0.1694
Immediate resistance
Current Price
$0.1666
Trading above flip zone
Flip Zone / Support 1
$0.1653 - $0.1662
Now acting as support after repeated tests
Support 2
$0.1578
Invalidation trigger on a confirmed close below
Support 3
$0.1554
Deeper downside support
Risk-Reward TableCase
Trigger
Target
Bull Case
Holds the $0.1653 to $0.1662 flip zone as support and clears $0.1694
Move toward $0.1745
Bear Case
Confirmed close below $0.1578
Slide toward $0.1554 and below
Invalidation LevelThis bullish setup depends on ADA holding the $0.1653 to $0.1662 flip zone as support.
A confirmed 1-hour close below $0.1578 would invalidate the structure and shift the short-term outlook back toward the downside, opening the path to $0.1554.
Expert ViewAs per CoinGabbar's market analyst, ADA's move back above the $0.1653 to $0.1662 flip zone carries more weight than a typical breakout, given how many times the price was rejected from this exact range before finally holding above it.That repeated testing, followed by sustained strength rather than an immediate reversal, is generally read as a sign that buyers have been accumulating on dips.
Combined with the recent Plutus smart contract upgrade adding real technical value to the network, the setup currently favors continuation toward $0.1694 and $0.1745, as long as the flip zone holds and RSI momentum does not fade.
A confirmed close below $0.1578 would be the clearest signal that this has failed.
Disclaimer: This article is for informational purposes only and should not be considered financial advice. Cryptocurrency markets are highly volatile, and price predictions are not guaranteed. Please do your own research before making any investment decisions.
