Cardano price sits at a critical point as February unfolds. A long-standing ascending trendline that guided ADA price action since 2020 finally gave way in late January. That single move changed the entire structure. What once looked like a reliable dip-buying zone now feels uncertain.
From a wider view, Cardano price had respected that rising trendline through multiple market cycles. Each dip toward it attracted buyers and sparked recoveries. That history shaped expectations. Late January disrupted that pattern in a meaningful way.
That event carried weight because the level had acted as a consistent demand zone for nearly 6 years. Once price slipped beneath it, selling pressure accelerated.
The decline that followed was sharp. Cardano price fell close to 20%. The move dragged ADA from around $0.33 down to $0.23. Some recovery followed, price now trades closer to $0.3 as ADA price enters a retest phase.
This phase often decides direction. A successful reclaim could repair some of the damage. Failure would confirm the break as genuine.
What you'll learn 👉
ADA Price Prediction for February
ADA Price Retest Phase Puts Focus On Trendline Resistance
Cardano price now moves back toward the broken trendline. Buyers hope this level flips back into support. From the current zone near $0.3, that reclaim would require a push of roughly 15%.
If ADA price climbs above the trendline in February, upside targets open up. Cardano could trade between $0.35 and $0.4 in a strong recovery scenario. That outcome depends on follow-through and broader market stability.
The 100-day and 200-day simple moving averages sit well above current Cardano price. Both levels act as overhead resistance. Distance from these averages leaves room for a wider rebound if conditions improve.
Such a move depends on one factor. ADA price must clear the trendline first. A clean break above that level could allow Cardano price to work toward the moving averages. That scenario aligns with a push toward the $0.35 to $0.4 zone.
This bullish pattern exists but confidence remains limited after such a historic support break.
Cardano Price Prediction Leans Toward Range-Bound Pressure
A more cautious Cardano price prediction centers on resistance holding firm. If the former trendline acts as a ceiling, price could struggle near $0.33. This could trigger a prolonged consolidation between $0.33 and the current low of $0.26 in the near term.
Read Also: XRP Price Prediction for February: The Worst May Still Be Ahead
Continued weakness in Bitcoin price would add pressure. ADA price often tracks broader market stress. Without external relief, consolidation between resistance and support appears likely.
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