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Cardano Price Prediction: ADA Approaches Key Breakout

18h ago
bullish:

0

bearish:

0

Cardano's price prediction today points to a cautiously steady market as ADA trades around $0.1645, down slightly over the past 24 hours. 

The Cardano price prediction outlook is shaped by a well-tested flip zone near $0.1649 to $0.1656, with the price now trading around the flip zone that traders are watching for the next directional break.

Cardano Market Snapshot Today 

Metric

Value

Price

$0.1645

24h Change

-0.84%

1h Change

-0.60%

Market Cap

$6.03B

Futures Volume (24h)

$241.74M

Spot Volume (24h)

$29.74M

Open Interest

$387.28M

Circulating Supply

36.48B ADA

Total Supply

44.99B ADA

Max Supply

45.00B ADA

Source: Data from Coinglass as of 20/07/2026. Figures may vary slightly across other tracking websites. 

Cardano latest news On X

As per Wu Blockchain, on X Cardano just activated its Van Rossem hard fork, upgrading the network to Protocol Version 11 in what the team is calling the first upgrade ever approved entirely through onchain governance.Cardano latest news On X

The update brings new Plutus capabilities and cost model improvements meant to lower smart contract execution costs, while also laying the technical groundwork for the upcoming Dijkstra era. 

This governance-driven rollout marks a shift in how Cardano plans to approve major protocol changes going forward.

Cardano Liquidation Data

ADA liquidation data from CoinGlass shows longs taking the bulk of the pressure across most timeframes.cardano liquidation data

Over the past hour, $1.06K in long positions were liquidated with no short liquidations recorded. 

The 4-hour window shows $81.33K in total liquidations, split between $42.71K in longs and $38.62K in shorts. 

Over 12 hours, liquidations rise to $228.63K, with longs accounting for $152.68K against $75.94K in shorts. 

Across the last 24 hours, total liquidations reach $263.94K, with longs at $176.49K and shorts at $87.44K. 

This shows leveraged longs have taken the bigger hit as ADA cools off from its recent highs.

Cardano Price Prediction: Technical  Outlook

On July 8, ADA price approached a support zone and took support from it four separate times. cardano 1h technical outlook

The fourth bounce produced the strongest upmove of the four, pushing the price sharply higher. 

After that rally, the price came back down and broke through the same area, and instead of holding as support, it started acting as resistance. 

That shift turned the zone into what is known as a flip zone, sitting roughly between $0.1649 and $0.1656.

As soon as price broke below the flip area, buyers tried to push it straight back up, but they could not hold it, and sellers took control, pushing price down more aggressively. 

Price tapped $0.1578 and attempted to recover, but sellers stepped back in and pushed it lower again. 

Buyers then became active near $0.1554 and drove price straight back above the area, though they were unable to close above it. 

Sellers pushed price back down once more, and buyers again brought it higher, with price sustaining around that area.

Buyers made one more push and broke above the recent high but again could not close above it, and the price drifted back down toward $0.1578. 

That level held as support once more, and buyers used it to push the price back above the flip area, where it has been holding since.

Right now, ADA was trading inside a range that looks like a broadening wedge, with a rising support trendline forming from the lower left of the chart, creating a V-shaped structure with the recent low.

Currently ADA breaks out of this broadening wedge to the downside; if it sustains, the price could fall down the support trendline. If it takes a reversal from that trendline, then it will go higher toward the marked resistance levels, with $0.1800 standing out as the bigger target.

If price breaks down and closes below $0.1578, that would count as a rejection from the flip zone, and ADA could slide back toward $0.1554 and potentially lower from there.

$ADASupport and Resistance Levels

Type

Level

Note

Resistance 2

$0.1800

Bigger upside target if resistance clears

Resistance 1

$0.1694 - $0.1749

Next resistance zone above current price

Current Price

$0.1645

Trading around flip area

Support 1

$0.1649 - $0.1656

Flip area, reclaimed and now acting as support

Support 2

$0.1578

Repeated wedge support is a key level to hold

Support 3

$0.1554

Deeper support for buyers previously active here

$ADA Risk-Reward Table

Case

Trigger

Target

Bull Case

Holds the $0.1649 to $0.1656 flip zone and $0.1578 support, then breaks out of the broadening wedge and clears $0.1694 to $0.1749

Move toward $0.1800

Bear Case

Loses the flip zone support and closes below $0.1578

Slide toward $0.1554 and below

Invalidation Level

This bullish structure would be invalidated if Cardano closes below $0.1578 on strong volume, since that would signal the flip zone support has failed and open the door to further downside toward $0.1554 and beyond.

Expert View

As per CoinGabbar market analyst, Cardano is currently trading around just above a key flip zone that has already been tested and defended multiple times. 

The $0.1578 level stands out as the level to watch, since it has repeatedly acted as a floor during recent pullbacks, while a break above the wedge and through the $0.1694 to $0.1749 resistance zone could open the path toward $0.1800.

With the Van Rossem hard fork now live and Protocol Version 11 active, the network upgrade adds a fundamental backdrop to the technical picture, though price action around the flip zone will likely decide the next major move for ADA in the sessions ahead.

Disclaimer: This article is for informational purposes only and should not be considered financial advice. Cryptocurrency markets are highly volatile, and price predictions are not guaranteed. Please do your own research before making any investment decisions.

18h ago
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