- Cardano traded around $0.24 as the bulls seem to be bullish.
- A rise in Bitcoin could push the ADA price up to $0.30.
- ADA trends with sustained bears and sustained bears could push prices to new lows.
The price of Cardano (ADA) is up almost 3% on Tuesday morning, trading at around $0.24 as the bulls struggle to reflect the market’s biggest gains.
Even Bitcoin and Ethereum have it it went up to $74,700 and $2,300 respectively, hitting multi-week highs, ADA is hovering at a key position following the latest pullback.
However, can ADA overcome the bearish bias and move forward? Or are the bears set to exit Cardano in the face of deep losses?
Cardano price today
ADA has gained nearly 3% in the past 24 hours, reaching $0.24 amid the altcoin’s power selection.
In comparison, Bitcoin rose 5% to $74,552, Ethereum settled near $2,194 after a small dip, and Solana traded around $80 in a little straight.
Data from Cardano shows little change, with cash flow improving in recent quarters and interest rising to around $436 million from $405 million on April 6.
This apparent interest rate reflects the interest of traders, although volumes are cautiously below recent peaks.
Bulls are protecting the $0.24 region, but a failure here could lead to profit taking in line with market volatility.
ADA technical view
Cardano’s price action shows resistance at the current levels, testing the upper direction of the lower direction on the daily chart.
The indicator is close to the 50-day moving average of $0.26, an important part of any recovery.
Holding above $0.24 keeps long-term expectations alive, boosted by improving derivative sentiment.
However, the broader technical picture leans long-term, with the RSI staying below 50 and indicating the possibility of a deep pullback.
Cardano price predictions: Can ADA jump to $0.30?
Cardano may suffer, but ADA has continued to attract dip buying.
An example is wallets with at least 10 million ADA tokens, which recently jumped to a four-month high.
Santiment reported a 9-week gain of 5.2%, the biggest increase since prices bottomed out on February 5, 2026.
Whale trends suggest a push to $0.30 remains acceptable.
If ADA hits Bitcoin’s momentum, track the 100-day EMA as a major resistance.
Bulls have retested the rate four times since the beginning of February, with prices consolidating at current levels last week.
Breaking the 50-day EMA at $0.26 for the first time would confirm the above, possibly attracting new interest amid rising interest.
In the meantime, good financial support also supports the trend, with more energy if the short continues to pay for the long.
On the upside, the bullish bears may rule if $0.24 is possible, looking for support near $0.22. This will link altcoins to the underlying platforms.
