ADA Monthly Technical Analysis
Cardano
ADA is the native cryptocurrency of Cardano, a Proof-of-Stake (PoS) blockchain platform built for scalability, security, and sustainability, aiming to be a "next-gen" evolution of Ethereum for smart contracts and decentralized apps (dApps)
ADA Technical Analysis Summary
ADA is currently in a bearish posture on the monthly timeframe, having fully retraced the gains from its early 2024 rally. The price is trading below both the 20 and 50-month SMAs, indicating that the long-term trend remains weak. The immediate focus is on the major support zone around 0.24; holding this level is critical to maintain a neutral consolidation structure, while a break below could signal a continuation of the secular bear market.
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ADA Monthly Chart
Sentiment
Short-term Sentiment (days to weeks): Bearish
Price has retraced significantly from recent highs, trading well below the 20-month SMA, with recent monthly candles showing consistent downward pressure.
Long-term Sentiment (weeks to months): Bearish
The asset is trading below key secular moving averages (20 SMA and 50 SMA). The failure to sustain the breakout above 0.60 suggests the broader downtrend or accumulation phase is still dominant.
Report Metadata
- Timeframe: monthly
- Generated at: 2026-02-02T07:18:35.112Z
- Model: gemini-3-pro-preview
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $0.23 | $0.22 - $0.24 | Strong | Major secular support zone formed by the 2023 bear market lows. |
| $0.14 | $0.13 - $0.14 | Weak | Lower Bollinger Band level representing extreme volatility expansion support. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $0.57 | $0.53 - $0.60 | Strong | Confluence of the 50-month SMA (0.53) and 20-month SMA (0.59), acting as dynamic resistance. |
| $0.83 | $0.80 - $0.85 | Strong | Recent swing high from the 2024 relief rally attempt. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Strong | Failed Breakout / Range Re-entry | Bearish | $0.24 | Price broke out of the 2023 base but failed to hold higher levels, re-entering the previous accumulation range. |
Frequently Asked Questions about ADA
What is the current sentiment for ADA?
The short-term sentiment for ADA is currently Bearish because Price has retraced significantly from recent highs, trading well below the 20-month SMA, with recent monthly candles showing consistent downward pressure.. The long-term trend is classified as Bearish.
What are the key support levels for ADA?
StockDips.AI has identified key support levels for ADA at $0.23 and $0.14. These levels may represent potential accumulation zones where buying interest could emerge.
Is ADA in a significant dip or a Value Dip right now?
ADA has a Value Score of 107/100. It is not currently flagged as a significant dip in the Top Dips list. It is not listed as a Value Dip because the long-term sentiment or value-score threshold does not qualify.
View the full interactive analysis on StockDips.AI.