In our last Cardano weekly prediction, we said the ADA price needed to hold $0.20 and break $0.23 to open the door toward $0.258, with $0.28 possible above $0.258. That bullish setup has not fully materialised.
Instead, ADA has remained glued to the $0.20 support level, trading at $0.2004, down 0.03% in 24 hours. The broader market remains subdued, with trading volume collapsing by over 50% as buyers and sellers hesitate.
ADA has a minor positive tailwind from Bitcoin, but the chart still needs to reclaim key resistance levels before a larger recovery can begin.
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News Pushing the Cardano Price This Week
The immediate driver is the liquidation data testing the crucial $0.20 support level. Coinglass shows $1.16 million in long liquidations versus just $11,410 from shorts in 24 hours, a 10,166% disparity.
This extreme skew often precedes sharp price moves if support breaks, making $0.20 the key technical battleground. Holding it is essential for stabilising the price because excessive bullish leverage being wiped out can fuel further selling pressure.
Also, the U.S. SEC has opened a public comment period to review “exotic” ETFs, a category that includes crypto-linked funds. This is a fact-finding step, not an approval or rejection, aimed at assessing investor protection standards for novel products.
This is neutral for the ADA price with a long-term bullish angle. As it creates no immediate catalyst, the process is a necessary step toward potential future regulated investment products for Cardano, which could broaden institutional demand over time.
Cardano’s Leios testnet has already shown about six times the throughput of today’s mainnet while preserving the existing security model. The “Earth” phase ran 41 days on public testnet and peaked at roughly 6x current mainnet throughput.
Tests indicate Cardano can scale far beyond today’s capacity without redesigning consensus, with Leios targeting up to 10–65x Layer 1 throughput longer term. For ADA holders, the key is whether Leios ships to mainnet on schedule and translates into real usage, amid mixed short-term technical signals for price.
What the Cardano Chart Is Showing Today
We had a look at the chart, and the ADA price remains inside a broader downtrend. The coin fell from around $0.2600 in early August toward $0.2000, creating a series of lower highs and lower lows. The latest bounce from the $0.2000 area has pushed ADA back to $0.20063, but the recovery is still below the key $0.2115 resistance.
The recent candles show buyers defending the $0.2000 zone. However, the price needs to reclaim $0.2115 first, followed by $0.2300, before the chart can establish a stronger recovery.
A move through $0.258 would be the bigger technical confirmation because that level rejected buyers during the previous rally. Above $0.258, $0.2700 opens up, and if buying really picks up plus the rest of the altcoin market stays strong, the $0.28 price could happen.
If the ADA price loses $0.20, the recent recovery would come under pressure and the next areas to watch would be $0.1900 and then the $0.173–$0.1709 zone. Losing that support would weaken the breakout and bring the $0.16 price back into play. For now, $0.20 is the key floor and $0.2115 is the first major test.
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Where Will the Cardano Price Go This Week?
Bullish path:
If the ADA price holds above $0.20 and breaks $0.2115, buyers could target $0.23–$0.24. A clean move through $0.258 could then open the way toward $0.27, and if buying intensifies plus the rest of the altcoin market stays strong, the $0.28 price could happen.
Neutral path:
ADA could remain trapped between $0.20 and $0.23 as traders wait for stronger market demand. As long as $0.20 holds, the recent upward move stays alive. We would probably see it test $0.23 again, and from there, try for $0.258 once more.
Bearish path:
A break below $0.20 would weaken the recovery and expose $0.1900. Losing that support would send the Cardano price toward the 0.173–0.1709 zone. Losing $0.1709 would keep the broader bearish structure intact and put the $0.16 price on the radar.
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