In our last ADA prediction, we laid out two possible paths. In the good case, we expected ADA to hold support near $0.145 to $0.150 and rally to $0.180, then $0.200, and maybe the 100 SMA nea
In our last ADA prediction, we laid out two possible paths. In the good case, we expected ADA to hold support near $0.145 to $0.150 and rally to $0.180, then $0.200, and maybe the 100 SMA near $0.2205.
That bounce did happen, but it stalled before reaching those higher targets. The bad case warned that a drop below $0.145 could open the door to $0.130, $0.120, and even $0.100. But sellers never pushed the Cardano price below that key support zone.
Cardano is now trading around $0.1706, down 1.08% in one day. It is lagging behind Bitcoin’s recovery as money keeps flowing into the market leader. With that in mind, here is where the ADA price could go this week.
Cardano founder Charles Hoskinson made one of the biggest moves. He announced the project’s main community hub is leaving X and heading to Discord.
Hoskinson said the move was because of repeated attacks and unproductive arguments on X. X will still get updates, but the goal is to create a cleaner space for discussions, governance, and development work.
Another positive development is the inclusion of ADA in the newly approved T. Rowe Price Active Crypto ETF. The fund, backed by a $1.8 trillion asset manager, will hold between 5 and 15 digital assets, including Bitcoin, Ethereum, SUI and Cardano. For the ADA price, this opens an additional regulated channel for institutional and retail investors seeking crypto exposure.
Cardano’s technology roadmap is still a big piece of the story. The upcoming Ouroboros Leios upgrade aims for over 1,000 transactions per second. A testnet is expected this month, and the mainnet rollout is planned before the year ends.
Also, Cardano’s Voltaire governance system lets ADA holders vote directly on how treasury money is spent. Community funding has helped development move forward. But disagreements over some proposals show that investors are still watching how well that governance system really works.
We had a look at the ADA chart, and the broader trend remains bearish despite the rebound from the June lows.
After peaking near $0.285 in May, ADA started a long drop. It made lower highs and lower lows across most of the chart. The worst selling came in early June, when ADA fell from about $0.225 down to nearly $0.155 in just a few days.
Source: Tradingview.comSince then, ADA has moved between $0.160 and $0.175. Buyers stepped in near $0.155 to $0.160 and stopped the drop. But every bounce has failed to get past $0.175.
The momentum numbers are mixed. The RSI is around 40. Sellers still have the upper hand, but the market is no longer deeply oversold. The stochastic oscillator has cooled from overbought and is heading down. That means short-term buying power has faded after last week’s bounce.
Right now, ADA is stuck inside a sideways range after a big drop. The next move out of this range will likely decide where the price goes this week.
Related Cardano News: Cardano Eyes a Great Migration From X as Charles Hoskinson Battles Ecosystem Turmoil
Bullish Scenario
If buyers defend $0.160 and push ADA above $0.175, the next stops are $0.180 and $0.190. A stronger rally could bring $0.200 back in sight. The ETF news and continued excitement around the Leios upgrade could give this path a boost.
Bearish Path
If Cardano loses the $0.160 support, sellers could drive it down to $0.150 first. A drop below that would put the June low near $0.145 back in sight. If that level breaks, ADA could fall to $0.130, especially if altcoins keep trailing behind Bitcoin.
Most Likely Case
Looking at the chart and where the market stands now, the most likely path is that ADA keeps moving between $0.160 and $0.180. The price found support after the June drop, but momentum is still weak and buyers have not taken back the key resistance levels.
Unless something big happens to shake things up, the Cardano price could spend most of the week going sideways before making its next clear move.
Cardano is one of the largest blockchain networks and continues to develop its smart contract and DeFi ecosystem. However, like all cryptocurrencies, ADA remains a high-risk investment, and its future returns will depend on adoption, network growth, and overall market conditions.
What’s Better, XRP or CardanoXRP and Cardano serve different purposes in the crypto market. XRP focuses on payments and financial settlements, whereas Cardano is designed as a broader platform for smart contracts, decentralized applications, and digital assets.
How Much Will 1 Cardano Be Worth in 2030No one knows exactly what ADA will be worth in 2030, and forecasts vary widely. Bullish estimates place the Cardano price between $5 and $10, though reaching those levels would require major growth in adoption, network activity, and the wider crypto market.
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The post Here’s Where Cardano (ADA) Price Could Be Headed This Week appeared first on CaptainAltcoin.
