Cardano (ADA) Price Analysis for December 26
Analysis
Price Impact
MedCardano (ada) has shown a 1.46% increase in 24 hours. hourly charts look bullish with potential for a breakout to $0.36. midterm, there's a chance to bounce to $0.38-$0.40.
Trustworthiness
MedThe analysis is based on technical chart patterns from u.today. while it provides specific price targets and support levels, it also mentions potential sideways trading, indicating some uncertainty. a disclaimer about opinions is present.
Price Direction
BullishThe hourly chart is bullish, and ada has bounced off critical support ($0.3466). a false breakout on the midterm chart suggests a potential rally towards $0.38-$0.40, with $0.36 as an immediate target if current momentum holds. however, sideways trading between $0.35-$0.37 is also a possible short-term scenario.
Time Effect
ShortThe analysis covers immediate hourly movements, longer timeframe consolidation, and midterm expectations for 'the rest of the month,' indicating short-term to immediate-term price action.
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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 The market is rising today after a few days of correction, according to CoinMarketCap . Advertisement Top coins by CoinMarketCap ADA/USD The rate of Cardano (ADA) has increased by 1.46% over the last 24 hours. Image by TradingView On the hourly chart, the price of ADA keeps looking bullish on the hourly chart. If buyers can hold the gained initiative, one can expect a level breakout, followed by a move to the $0.36 mark. Image by TradingView On the longer time frame, the rate of ADA has once again bounced off the support of $0.3466. However, buyers might need more time to accumulate energy for a further move. You Might Also Like Wed, 12/24/2025 - 13:16 DOGE Price Analysis for December 24 By Denys Serhiichuk In this case, sideways trading in the zone of $0.35-$0.37 is the most likely scenario. Image by TradingView From the midterm point of view, the price of the altcoin has made a false breakout of the previous candle's low. If the bar closes far from that mark, there is a chance to see a bounce off to $0.38-$0.40 for the rest of the month. ADA is trading at $0.3569 at press time. #Cardano Price Prediction