Cardano’s price has remained above its current support level of $0.61 despite two attempts to break below it. ADA price analysis by Coinidol.com.
ADA price long-term forecast: bearish
Cardano’s price previously corrected higher but was capped at a high of $0.736. The price dipped and then resumed its upward correction. On the upside, if buyers break the $0.736 barrier, the ADA price will rise above the moving average lines. The upward momentum will continue towards the high of $1.01.
Today, the ADA price has retested its existing support twice, and if it falls below this level, it will decline to a low of $0.50. The bearish momentum may extend to a low of $0.295. At the time of writing, Cardano is valued at $0.66.
Technical Indicators
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Key Resistance Zones: $1.20, $1.30, and $1.40 -
Key Support Zones: $0.90, $0.80, and $0.70
ADA indicator analysis
ADA price bars are moving horizontally, below the downward-sloping moving average lines. Doji candlestick wicks are appearing as the cryptocurrency maintains its range-bound movement. On the 4-hour chart, the price bars are below the southward-sloping moving averages.
ADA/USD daily chart – October 20, 2025
What is the next move for Cardano?
Cardano’s price is moving sideways, above the $0.60 support but below the $0.74 high. The cryptocurrency’s price has fluctuated both below and above its moving average lines. The upward movement is hindered by the 50-day SMA barrier. Nevertheless, Cardano will resume its positive trend if buyers push the price above the moving average lines.
ADA/USD 4-hour chart – October 20, 2025
Disclaimer. This analysis and forecast are the personal opinions of the author. The data provided is collected by the author and is not sponsored by any company or token developer. This is not a recommendation to buy or sell cryptocurrency and should not be viewed as an endorsement by Coinidol.com. Readers should do their research before investing in funds.
Source: https://coinidol.com/ada-above-066/
