Cardano (ADA) Price Analysis for December 27
Analysis
Price Impact
MedThe analysis suggests potential upward movement for cardano (ada) with targets ranging from $0.36 to $0.40 in the short to midterm, indicating a noticeable price shift if these levels are reached.
Trustworthiness
MedThe analysis is based on technical chart patterns from a recognized crypto news platform (u.today). while providing specific price targets, it uses cautious language ('might have', 'may continue', 'chance to witness'), indicating a degree of speculation inherent in market predictions.
Price Direction
BullishThe analysis indicates a potential continuation of an upward trend. on the hourly chart, if bulls hold initiative, ada could move to $0.36. on a larger timeframe, a close near yesterday's peak could lead to $0.37 by week's end. midterm, a weekly close away from $0.3466 support could see a bounce to the $0.38-$0.40 range.
Time Effect
ShortThe analysis focuses on daily and weekly candle closures for immediate price movements ('end of the week'), though it also touches on a 'midterm point of view' for larger targets.
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Article Content:
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 weekend has started with a market correction, according to CoinMarketCap . Advertisement Top coins by CoinMarketCap ADA/USD The rate of Cardano (ADA) has not changed since yesterday. Image by TradingView On the hourly chart, the price of ADA might have set a local resistance at $0.3590. If bulls can hold the gained initiative and the daily bar closes near that mark, the growth may continue to the $0.36 zone and above. Image by TradingView On the bigger time frame, one should focus on the candle closure in terms of yesterday's bar peak. You Might Also Like Fri, 12/26/2025 - 16:03 XRP Price Analysis for December 26 By Denys Serhiichuk If it happens around it, traders may see an ongoing upward move to the $0.37 area by the end of the week. Image by TradingView From the midterm point of view, there are no reversal signals so far. However, if the weekly bar closes far from the formed support at $0.3466, there is a chance to witness a bounce back to the $0.38-$0.40 range. ADA is trading at $0.3569 at press time. #Cardano Price Prediction