Cardano (ADA) Breaks $0.35 Key Support, Technicals Point to Further Downside
Cardano’s ADA remains under sustained selling pressure after breaking below a key short-term support level. Price action and momentum indicators suggest the bearish structure remains intact, with downside risks increasing unless buyers step in quickly.
This analysis is powered by Outset PR, a crypto PR agency that is committed to data-backed communication in the crypto industry. Outset PR helps Web3 projects amplify their narrative and convert momentum into verifiable outcomes.
ADA Slips Below Moving Averages
As of time of writing, ADA is trading around $0.35, firmly below both its 7-day simple moving average at $0.365 and the 30-day SMA at $0.40. Trading beneath these short- and medium-term averages confirms weak market structure and ongoing downside control by sellers.
The loss of the $0.357 pivot level proved critical. Once broken, stop-loss orders were triggered, accelerating selling pressure and pushing the price toward recent lows.
Momentum indicators continue to support the bearish outlook. The MACD histogram stands at -0.00025, confirming negative momentum and a lack of bullish follow-through.
The Relative Strength Index is currently at 35.46, signaling oversold conditions. While this
increases the probability of short-term stabilization or a technical bounce, oversold readings alone are not sufficient to reverse a downtrend without confirmation from price structure.
How Outset PR Leverages Data-Driven Approach in Crypto PR
Outset PR connects market events with meaningful storytelling through a data-driven methodology rarely seen in the crypto communications space. Founded by PR strategist Mike Ermolaev, the agency approaches each campaign like a hands-on workshop—building narratives that align with market momentum instead of relying on generic coverage or templated outreach.
Beyond just monitoring on-chain flows, Outset PR monitors the media trendlines and traffic distribution through the lens of its proprietary Outset Data Pulse intelligence to determine when a client’s message will achieve the highest lift. This analysis informs the choice of media outlets, the angle of each pitch, and the timing of publication.
A key part of the agency’s workflow comes from its proprietary Syndication Map, an internal analytics system that identifies which publications deliver the strongest downstream syndication across aggregators such as CoinMarketCap and Binance Square. Because of this approach, Outset PR campaigns frequently achieve visibility several times higher than their initial placements.
Outset PR ensures that each campaign is market-fit and tailored to deliver maximum relevance at the moment the audience is most receptive.
ADA Key Levels to Watch
On the downside, the immediate level to watch is $0.347, which marks the most recent swing low. A daily close below this support would expose ADA to a deeper move toward the 2025 low near $0.320.
On the upside, the 23.6% Fibonacci retracement at $0.451 now acts as resistance, highlighting the extent of the recent breakdown. Any recovery attempts below this level are likely to face selling pressure.
Cardano Price Outlook
ADA remains below critical support and moving averages, with bearish momentum firmly in place. While oversold conditions may limit immediate downside, a failure to hold $0.347 would likely extend losses toward $0.320. Until ADA reclaims key resistance levels, the technical outlook continues to favor further downside risk.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
You May Also Like
Uniswap stemt in met token burn van 100 miljoen UNI
Which Crypto to Buy Today for Long-Term Growth? One DeFi Crypto Stands Out
