Cardano (ADA) is posting a strong recovery, rising roughly 9.2% over the past 24 hours after a sharp selloff pushed price into the mid-$0.25 range. The rebound Cardano (ADA) is posting a strong recovery, rising roughly 9.2% over the past 24 hours after a sharp selloff pushed price into the mid-$0.25 range. The rebound

Cardano Jumps 9% as ADA Rebounds From Capitulation Lows

2026/02/07 01:28
2 min read

Cardano (ADA) is posting a strong recovery, rising roughly 9.2% over the past 24 hours after a sharp selloff pushed price into the mid-$0.25 range.

The rebound follows several days of sustained downside pressure, with buyers stepping in decisively once selling momentum began to exhaust.

ADA is now trading near $0.28, retracing a portion of the recent decline but still operating below prior breakdown levels.

Downtrend Intensified Before Buyers Stepped In

The 1-hour chart shows a persistent decline through late January, with ADA sliding from the $0.36–$0.37 region toward February lows. Selling pressure accelerated sharply below $0.30, culminating in a fast move into the $0.25–$0.26 zone.

That final leg lower coincided with the highest visible volume on the chart, consistent with capitulation rather than controlled distribution.

Sharp Rebound Develops From the $0.25–$0.26 Zone

From the local low, ADA rebounded aggressively, reclaiming multiple short-term levels in quick succession. The speed of the move suggests reactive buying and short covering, rather than a slow accumulation process.

While the bounce has been decisive, price has not yet reclaimed former support areas from earlier in the decline, keeping the broader structure in recovery mode.

Jefferies Sees No Clear Bottom as Crypto Weakness Persists

Key Levels Now in Focus

Based on visible price structure:

  • Current price: ~$0.28
  • Immediate support: $0.26–$0.27
  • Downside support: $0.25–$0.26 (recent low)
  • Near-term resistance: $0.29–$0.30
  • Higher resistance: $0.32–$0.33

Holding above the $0.26–$0.27 area keeps the rebound intact. A failure back below that zone would raise the risk of another test of the recent lows.

Momentum Improves, Structure Still Repairing

Short-term momentum has clearly shifted higher, but the broader trend remains corrective after the sharp breakdown from higher levels. For stabilization to develop, ADA would need to build acceptance above the $0.29–$0.30 region rather than stall beneath it.

Until that happens, the move reads as a counter-trend recovery within a wider downtrend.

Structural Takeaway

Cardano’s rebound relieves immediate downside pressure after a clear capitulation move, with buyers actively defending the $0.25 area. However, confirmation will depend on whether price can hold recent gains and reclaim nearby resistance, rather than fade back into the prior range.

The post Cardano Jumps 9% as ADA Rebounds From Capitulation Lows appeared first on ETHNews.

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