Cardano Price Prediction: ADA Tests Key Support as $0.30 Breakout Target Emerges

Cardano price is trading near a structurally important zone as the market tests rising trendline support while institutional interest and long-term technical structure shape the next potential move. According to Brave New Coin data, Cardano is trading near $0.27, placing the asset at a key technical inflection point.

Cardano price is trading around $0.27, down 0.42% in the last 24 hours. Source: Brave New Coin

While price remains supported by a higher-low trend and multi-year demand levels, failure to hold key support could trigger deeper downside before any sustained recovery.

Cardano Tests Rising Trendline Support

A chart shared by BKVIP shows Cardano respecting a clear ascending trendline structure on the lower timeframe, forming a sequence of higher lows that keeps the short-term structure constructive. Price is currently retesting trendline support near the $0.27–$0.275 region, a level that previously triggered strong buying reactions.

Cardano retests rising trendline support near $0.27 as higher-low structure keeps the short-term bullish outlook intact. Source: BKVIP via X

As long as this ascending support holds, ADA could maintain a bullish structure and attempt another move higher towards resistance. The next immediate upside target sits near $0.30, where the price previously faced rejection.

However, a confirmed breakdown below $0.27 would invalidate the higher-low structure and expose ADA to deeper corrective pressure.

Cardano Price Prediction Points Towards $0.30

A separate technical setup shared by melikatrader94 shows ADA trading inside an ascending channel after bouncing from a key “flip area” demand zone near $0.26. The chart also highlights a breakout from a short-term descending trendline, suggesting improving momentum.

ADA holds an ascending channel above $0.26, targeting the $0.30 resistance zone. Source: melikatrader94 via X

If price continues respecting the channel structure, ADA could move towards the upper boundary near $0.30–$0.305, which acts as the next major resistance zone. A sustained breakout above this level could strengthen recovery momentum and shift market sentiment bullish.

Failure to maintain support within the channel would weaken this setup and increase downside risk.

Multi-Year Support Defines ADA’s Macro Structure

From a higher-timeframe perspective, Crypto Feras identifies the $0.24–$0.25 region as a critical multi-year support zone for Cardano, marking the lower boundary of a broad consolidation range that has shaped ADA’s macro price structure. The chart shows price repeatedly reacting from this demand area, suggesting it remains a key level where buyers historically step in and attempt to build accumulation.

ADA holds key multi-year support at $0.24–$0.25, keeping long-term recovery potential intact. Source: Crypto Feras via X

According to the analyst, holding above this zone keeps the long-term structure intact and leaves room for a potential recovery towards $0.55 and $1.20, once bullish momentum or weekly divergence develops. However, a confirmed breakdown below $0.24 would invalidate the support range, signal structural weakness, and could lead to a much deeper corrective phase.

Institutional Allocation and Cardano

Beyond technicals, institutional positioning adds an important layer of context. Data shared by Sssebi shows Grayscale increasing its ADA allocation to roughly 20% of holdings, signaling growing institutional exposure to Cardano.

Grayscale increases ADA allocation to nearly 20%. Source: Sssebi via X

Institutional participation typically strengthens long-term liquidity conditions and investor confidence. While it does not directly drive short-term price action, continued allocation suggests that larger market participants are accumulating ADA despite current volatility.

ADA Cardano Technical Analysis

Bullish Scenario

Cardano continues to hold its rising trendline support near $0.27, maintaining a higher-low structure that reflects steady buying pressure. A decisive breakout above the $0.30–$0.305 resistance zone would confirm bullish momentum and could open upside towards $0.32–$0.35, signaling structural recovery.

Bearish Scenario

Failure to hold the $0.27 trendline support would weaken the current structure and expose ADA to downside risk towards the $0.24–$0.25 multi-year demand zone. A sustained breakdown below this region would invalidate the bullish setup and increase the likelihood of extended corrective movement.

Final Thoughts: Will ADA Move Back to $1.00 in 2025?

Cardano price is trading at a key structural zone where rising trendline support, strong historical demand, and growing institutional interest continue to support a broader recovery outlook. The higher-low structure near $0.27 suggests buyers remain active, keeping momentum constructive as the market attempts to build a base.

A sustained breakout above the $0.30 resistance could confirm trend continuation and open the path toward higher recovery levels, strengthening the case for a gradual move back towards the $1.00 milestone in 2025.

With improving market conditions and strengthening technical structure, Cardano price prediction remains well-positioned for a potential bullish recovery phase.