Published: Dec 20, 2025 at 23:30
Cardano’s (ADA) price is falling below the 21-day SMA support.
ADA price long-term forecast: bearish
The upward movement was halted at the high of $0.484. On December 8, buyers pushed the price above the 21-day SMA barrier.
However, they were unable to sustain positive momentum above the $0.484 high and the 50-day SMA resistance. The cryptocurrency has now slipped below its 21-day SMA support. The bears have also breached the current support level of $0.37, with the price dropping to a low of $0.345.
Today, the price is correcting upwards to retest the $0.37 high, which has become a resistance level. ADA will return to its range above the $0.37 support and below the moving average lines if it surpasses the $0.37 resistance. However, if ADA declines from its recent high of $0.37, Cardano will fall further and return to the $0.30 low.
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 price indicator analysis
The moving average lines are sloping downwards towards the bottom of the chart. The price bars have fallen below the 21-day SMA support following the latest rejection at the high. On the 4-hour chart, the horizontal moving average lines are now sloping downwards, indicating a current decline.
What is the next move for ADA?
Cardano’s price has begun to fall after breaking the current support at $0.37. On the 4-hour chart, the ADA price fell to a low of $0.346 but recovered.
Today, it is reversing upwards to retest its previous high. Cardano will resume its slump if it falls from its current high. It will, however, continue to rise if it rebounds and holds above the $0.37 support level.
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.
