Cardano (ADA) Price Analysis for January 10
Analysis
Price Impact
HighCardano (ada) has fallen by 1.36% and technical analysis suggests a potential drop to the $0.37 area in the short term, and potentially to the $0.30 range by month-end if bulls fail to maintain current price levels.
Trustworthiness
MedThe analysis is based on technical chart patterns and key support/resistance levels across multiple timeframes (hourly, daily, weekly), which is a common method for price prediction. however, it's an opinion piece with standard disclaimers.
Price Direction
BearishThe hourly chart indicates a local resistance at $0.3925. a breakdown of the $0.3850 interim level could lead to $0.37. furthermore, a failure by bulls to maintain growth from the previous weekly close could see sellers push the price toward the $0.30 range.
Time Effect
ShortThe immediate outlook suggests a drop to $0.37 'shortly' if current support levels fail. a broader move to the $0.30 range is anticipated 'by the end of the month' under continued bearish pressure.
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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 Most of the coins keep trading in the green zone on the first day of the weekend, however, there are some exceptions, according to CoinStats . Advertisement ADA chart by CoinStats ADA/USD The price of Cardano (ADA) has fallen by 1.36% since yesterday. Image by TradingView On the hourly chart, the rate of ADA might have set a local resistance at $0.3925. If the daily bar closes far from that mark, traders may witness a drop to the support shortly. Image by TradingView On the bigger time frame, there are no reversal signals so far. At the moment, traders should pay attention to the interim level at $0.3850. If a breakout happens, the accumulated energy might be enough for a move to the $0.37 area. Image by TradingView From the midterm point of view, bulls have failed to maintain the growth after the previous weekly bar closure. You Might Also Like Fri, 01/09/2026 - 14:49 SHIB Price Analysis for January 9 By Denys Serhiichuk If the candle closes around the current prices or below, sellers may seize the initiative, which may lead to a test of the $0.30 range by the end of the month. ADA is trading at $0.3892 at press time. #Cardano Price Prediction