Nothing is new with Cardano in the new week – still a lot of selling pressure.
ADA is trading around $0.18 after losing roughly 6% over the past seven days and more than 20% over the past month. The latest selloff pushed price toward $0.1776, its lowest level on the attached 2-hour chart.
The decline was largely part of the broader crypto deleveraging move rather than a Cardano-specific failure. ADA dropped almost 8% during one particularly violent stretch on November 5 as leveraged longs were flushed across the market.
That leaves Cardano in a simple position this week: bulls first need to stop the decline before talking about a larger recovery.
What you'll learn 👉
Cardano Chart Analysis: $0.177-$0.180 Is the First Support Zone
The 2-hour chart remains decisively bearish.
ADA has been forming lower highs and lower lows since trading above $0.28 in early October. Even the rebound toward $0.20 earlier this month was quickly rejected.
The immediate support zone is now roughly $0.177-$0.180.
Price already touched $0.1776 before bouncing slightly, and external technical data also places first support around $0.179.
A sustained break below this area would expose approximately $0.174 first, followed by a wider $0.169-$0.172 zone. Current technical data also identifies $0.174 as the next pivot support if ADA closes beneath $0.18.
Resistance is much clearer.
The first area bulls need to reclaim is around $0.185-$0.188.
Above that, $0.193-$0.200 becomes the more important barrier because it contains the recent breakdown zone and the psychological $0.20 level.
Until ADA gets back above $0.20, the larger structure remains weak.
Read also: Cardano Pushes DeFi and Real-World Assets With 120M ADA Program and Copper Proposal
ADA Momentum Is Close to Oversold
The indicators show why a short-term bounce is possible even though the trend remains bearish.
The fastest RSI on the attached chart is around 31, while the medium and slower readings sit near 35 and 34.
That puts momentum close to oversold territory.
CCI is even weaker at roughly -103, which shows that ADA has moved well below its recent statistical average.
MACD is still negative, with both lines below zero, and the histogram remains slightly red.
That is the main reason I would not call the bottom yet.
The chart is stretched enough for a bounce, but momentum has not actually turned bullish.
Cardano Price Prediction for This Week
The most likely outcome is stabilization around current levels followed by an attempt to recover some of the recent losses.
| Scenario | Probability | ADA range this week | What would drive it |
|---|---|---|---|
| Base case | 50% | $0.177-$0.195 | Support holds, selling slows and ADA consolidates below $0.20 |
| Bullish case | 25% | $0.195-$0.210 | ADA reclaims $0.188-$0.193 and crypto sentiment improves |
| Bearish case | 25% | $0.165-$0.177 | $0.177 fails and another market-wide selloff hits altcoins |
My base case is therefore sideways-to-slightly-higher price action rather than an immediate reversal.
A move back above $0.188 would be the first useful sign of strength.
Reclaiming $0.193-$0.200 would change the short-term picture much more meaningfully.
If $0.177 breaks first, however, the chart leaves room for another leg toward the low-$0.17s.
Cardano News This Week
The ADA price action has been poor, but development activity continues.
One of the biggest updates came from DijkstraNet, which successfully hard-forked to protocol version 12 using Node 11.2. The test network is now running Dijkstra-era features as Cardano prepares for its next major protocol era. Node 11.3, expected to combine the wider Dijkstra feature set with Linear Leios, is still being developed.
Cardano’s development teams also continued work on Plutus V4, Dijkstra built-ins and Leios infrastructure during the week.
Another notable point is staking.
Despite the price decline, roughly 58.5% of circulating ADA remains delegated to stake pools, showing that a large part of the supply has not moved despite the market selloff.
So Cardano’s problem this week is not a lack of development news.
It is price structure.
ADA remains technically weak near $0.18, and bulls need to defend $0.177 first before the network’s fundamental progress has any chance of translating into a stronger market recovery.
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