Cardano (ada) has declined by over 10% in the past day. the analysis points to potential further corrections, with key support levels at $0.4117, $0.4091, and a possible drop to $0.40, $0.37-$0.40, or even $0.35 if current support fails.
The analysis is based on technical indicators like support levels, atr, and chart patterns (hourly, daily, midterm charts) from a known crypto news source, u.today. while detailed, technical analysis can be subjective and market conditions can change rapidly.
Bulls have failed to maintain growth, and the price is near local support. if the current bounce fails, a correction to $0.40 is expected. a break below $0.4091 could lead to $0.37-$0.40, and a bearish weekly close could see a test of the $0.35 mark.
The analysis focuses on 'by tomorrow,' 'end of the day,' and 'few days are left until the end of the week,' indicating a very near-term to weekly outlook for the predicted price movements.
Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. Read U.TODAY on Google News Bulls have failed to keep growing, and most of the coins are again in the red area, according to CoinStats . Advertisement ADA chart by CoinStats ADA/USD The price of Cardano (ADA) has declined by more than 10% over the past day. Image by TradingView On the hourly chart, the rate of ADA is near the local support of $0.4117. As most of the daily ATR has passed, there are low chances of seeing sharp moves by tomorrow. You Might Also Like Wed, 12/10/2025 - 16:02 SHIB Price Analysis for December 10 By Denys Serhiichuk However, if the bounce back does not happen by the end of the day, traders can expect a further correction to the $0.40 zone. Image by TradingView On the longer time frame, one should pay attention to the nearest level of $0.4091. If it breaks out, the accumulated energy might be enough for an ongoing decline to the $0.37-$0.40 zone. Image by TradingView From the midterm point of view, the current wick is closing bearish; however, a few days are left until the end of the week. If buyers cannot seize the initiative, there is a high chance of seeing a level breakout, followed by a test of the $0.35 mark. ADA is trading at $0.4161 at press time. #Cardano Price Prediction