Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

Cardano is predicted to shift to an upward trend if it surpasses the $0.53 mark.

In recent weeks, Cardano has continuously shown weakness, with prices falling, slow buying pressure, and increases that do not last long whenever the market attempts to bounce back. However, the long term outlook for Cardano is not entirely negative.

On the larger time frame chart, signs indicate that buying pressure has not completely disappeared. An important level that needs to be conquered to open up opportunities for a strong bounce back is the price level of 0.53 USD.

Does the chart indicate weakness?

The 3-day chart shows that selling pressure has persisted for several months, but what is noteworthy is that the price of Cardano has not set a new lower low. From November 2024 to November 2025, the price formed higher lows, while the RSI indicator created lower lows. RSI is a tool for measuring buying and selling strength in the market.

Cardano is predicted to shift to an upward trend if it surpasses the $0.53 markCardano RSI Index | Source: TradingViewWhen the price maintains a higher level but the RSI falls, this reflects that the selling side is gradually weakening. This pattern often appears before the market shows signs of bouncing back, although it occurs quite slowly.

The CMF line – a large money flow indicator into the market – remains below the 0 threshold, indicating that institutional investors have not really entered the game. When the CMF is low, short-term price increases are often not sustainable and quickly reverse.

Cardano is predicted to shift to a bullish trend if it surpasses the $0.53 markCapital inflow into Cardano | Source: TradingViewThis is the reason why ADA price is continuously suppressed after slight increases.

Therefore, to re-establish an upward trend, Cardano needs a clear breakout above the 0.53 USD mark. If this is not achieved, any price increases may be considered temporary and insignificant.

Experts' Opinions on ADA

Cardano is preparing for some important updates.

The launch event of Midnight on December 8 – a sidechain focused on security – will allow developers to build applications that protect user data. This is considered one of the biggest updates of Cardano this year.

In addition, the network also plans to launch a tier-1 stablecoin. According to TapTools, key development teams of Cardano are expected to use 70 million ADA from the reserve fund to develop the necessary tools for this project.

These are significant moves, demonstrating that the Cardano ecosystem is still striving for innovation and improvement. However, there are still contrasting viewpoints.

An expert has referred to Cardano as a “ghost chain,” predicting that the project could fall out of the top 20 by 2026, citing the limited number of actual users and the risk of being surpassed by other blockchains.

Therefore, the term “ghost” is quite suitable for the price movement of Cardano below the threshold of 0.53 USD. If ADA cannot surpass this mark, the buying force may “disappear,” causing this token to lack strong growth momentum.

In the following section, we will specifically analyze the important price levels. However, some traders are still optimistic about a breakout in December.

Cardano is predicted to shift to an upward trend if it surpasses the threshold of 0.53 dollarsPrice prediction for Cardano to rise | Source: XThere are opinions that the price range with high trading volume around 0.72 USD could be tested again if the market improves, especially when the Midnight event attracts attention.

However, to confirm a sustainable upward trend in December, ADA needs to break through the threshold of 0.53 USD first.

Notable Cardano Price Levels

Positive predictions for Cardano are only truly valuable when the price exceeds 0.53 USD - where buying power needs to show dominance. If ADA closes above this level, the next target zones will be 0.60 USD and 0.70 USD.

If the global cryptocurrency market bounces back strongly, ADA could head towards the milestone of 1.00 USD in the future.

On the contrary, if Cardano remains below 0.53 USD, the ability to bounce back will be called into question. The price may fluctuate in the range of 0.42 USD – 0.53 USD without a clear trend.

If ADA falls below 0.38 USD, the price risks dropping to 0.31 USD, delaying any major rally for the coming months.

In summary, Cardano is facing a weak short-term chart, large capital has not yet entered the market, but it still maintains higher lows and has many important updates coming up. The Midnight event, the stablecoin plan, and the RSI indicator are all grounds for future growth expectations.

However, without a clear breakout above 0.53 USD, buying pressure may “bounce back,” and the price outlook for Cardano will continue to be weak, rather than shifting to a strong upward trend.

Mr. Giáo

ADA-0.11%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)