Cardano (ADA) has been consolidating over the past few trading sessions, but the current technical setup suggests that a significant price move may not be far offCardano (ADA) has been consolidating over the past few trading sessions, but the current technical setup suggests that a significant price move may not be far off

Expert Says Cardano (ADA) is a Ticking Time Bomb. Here’s why

2026/04/12 05:02
3분 읽기
이 콘텐츠에 대한 의견이나 우려 사항이 있으시면 [email protected]으로 연락주시기 바랍니다

Cardano (ADA) has been consolidating over the past few trading sessions, but the current technical setup suggests that a significant price move may not be far off.

Mintern, the self-described chief meme officer of Minswap DEX, shared an outlook on X from an unidentified expert trader flagging what they believe is an imminent breakout situation for the asset.

Since January 2022, ADA has been trading within a horizontal channel on the weekly chart, a range it fell into after losing significant ground from its all-time high of $3.10 the prior year.

That decline saw the coin drop from $1.63 to under $0.91 in the week of January 17, 2022, alone. From that point, price action largely settled into a back-and-forth between the channel’s upper resistance around $1.18 and its lower support at $0.23.

What makes the current moment more pressing is a descending trendline that formed inside this same channel. It first acted as a ceiling in August 2025, capping a rally at $1.019, and has kept a lid on every attempted recovery, producing a sequence of lower highs.

Cardano (ADA): Upside Target at $1.20

The expert trader behind the outlook is calling for a breakout to the upside, with $1.20 as the target before the week is out. From the current price of $0.2548, that would be a move of around 370%.

The catch is the timeline, with roughly two days left in the week, pulling off a move of that magnitude is a stretch by most standards. Several other analysts do see $1.20 as a realistic target for Cardano over a longer horizon, but the market conditions right now make a move that fast difficult to justify.

Whale Accumulation Provides Support

On the price action side, ADA tried to push higher on Thursday but ran into resistance at $0.26 and stalled. That move and the surrounding volatility triggered $637,590 in total liquidations, with shorts taking the bigger hit at $502,310, while $135,280 came from longs caught on the wrong side. In the last few hours, though, long liquidations have been leading, reflecting the current downward pressure.

Despite all of that, large ADA holders don’t appear to be rushing for the exits. Exchange outflows have been outpacing inflows, pointing to accumulation rather than selling into weakness. That kind of behavior from whales has often acted as a floor during past downturns and can set the stage for a recovery when momentum shifts.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.


Follow us on X, Facebook, Telegram, and  Google News

The post Expert Says Cardano (ADA) is a Ticking Time Bomb. Here’s why appeared first on Times Tabloid.

시장 기회
카다노 로고
카다노 가격(ADA)
$0.2403
$0.2403$0.2403
-3.22%
USD
카다노 (ADA) 실시간 가격 차트
면책 조항: 본 사이트에 재게시된 글들은 공개 플랫폼에서 가져온 것으로 정보 제공 목적으로만 제공됩니다. 이는 반드시 MEXC의 견해를 반영하는 것은 아닙니다. 모든 권리는 원저자에게 있습니다. 제3자의 권리를 침해하는 콘텐츠가 있다고 판단될 경우, [email protected]으로 연락하여 삭제 요청을 해주시기 바랍니다. MEXC는 콘텐츠의 정확성, 완전성 또는 시의적절성에 대해 어떠한 보증도 하지 않으며, 제공된 정보에 기반하여 취해진 어떠한 조치에 대해서도 책임을 지지 않습니다. 본 콘텐츠는 금융, 법률 또는 기타 전문적인 조언을 구성하지 않으며, MEXC의 추천이나 보증으로 간주되어서는 안 됩니다.

USD1 Genesis: 0 Fees + 12% APR

USD1 Genesis: 0 Fees + 12% APRUSD1 Genesis: 0 Fees + 12% APR

New users: stake for up to 600% APR. Limited time!