Cardano Price Prediction: ADA Defends Key Support as Whales Keep Accumulating

Cardano is back in one of its major support regions following many months of heavy sell-off action, and it is causing traders to take notice. The ADA price has recovered from this region in the past, but each one was less strong than the last.

According to crypto analyst The Boss, the question is no longer whether support can be found. The question for the market moving forward is whether buyers have the resolve to hold it. This could start to become clear in the coming weeks.

The ADA price is trying to hold an important support zone

Cardano currently trades near $0.1575, having witnessed an increase in price of around 7% in the week that just passed by. The increase was initiated by buyers’ focus on a demand zone between $0.1503 and $0.1545.

The rise is occurring after the ADA price failed to hold up through many levels of support during its fall in the 2025–2026 period. The first level of resistance can be seen at $0.20, while the second one is at $0.2242. Beyond that, there are resistances at $0.3136, $0.3825 and $0.4488.

The Boss pointed out that Cardano is still defending support instead of showing a confirmed recovery. Buyers need to prove they can reclaim higher levels before the broader trend begins changing.

The Cardano charts are starting to improve

We also had a look at the daily and lower-timeframe ADA charts to see whether the technical picture supports the latest bounce. 

According to the daily chart, the ADA price is currently oscillating at around $0.20 following the recovery from the previous lows at around $0.10 made earlier this year. This translates to a recovery of almost 100% since the lowest point as illustrated on the chart.

Daily ADA chart analysis

Similarly, the price is trading above the 100-day SMA at $0.1766 by roughly 13%. The momentum indicators have been positive too. The RSI on the daily chart stands at 53.38 and is above the neutral 50 level without being overbought.

In the short term, buyers are becoming active. For example, ADA made a higher low at around $0.1526 and bounced higher. On the 4-hour chart, the RSI is now above the upper 60 levels despite the presence of resistance coming down from above. 

4-hour ADA chart analysis

Buyers will first aim to take back the area ranging between $0.1650 and $0.1700. Above this area, the next targets will be $0.18 and the weekly resistance at $0.2242. This bullish setup gets invalidated when the ADA price falls below the $0.1500 level.

Cardano on-chain data supports part of the recent recovery

Cardano's market capitalization climbed from roughly $5.35 billion to about $5.75 billion during the latest rebound. That adds approximately $400 million in value and confirms fresh capital entered the market alongside the price increase.

Even after that recovery, the ADA price remains about 95% below its all-time high. Cardano continues trading at one of the deepest drawdowns among major cryptocurrencies. 

One encouraging sign is that the drawdown has stopped worsening during the latest recovery. Price has stabilized, and market capitalization has moved higher instead of continuing lower.

Development also continues across the Cardano network

Technical assistance is only a tiny part of the solution. Based on information provided by Santiment, the wallets that contain at least one million ADA coins hold a total of 25.11 billion ADA coins, accounting for 67.5% of the circulating supply.

It is the largest number since July 2020. The large holders continued adding more despite the ADA price going down by about 71% over the last nine months.

Ouroboros Leios Upgrade started testing on its testnet in June 2026. This upgrade is supposed to be able to assist in the scaling up from its current capacity to over 1,000 transactions per second, 10-65 times more.

The Cardano community previously approved a $71 million treasury allocation to fund development. Regulation could also become an important driver later this year. 

ADA futures launched on CME in February 2026, beginning the six-month observation period regulators typically require before evaluating spot ETF applications. August 9, 2026, stands out as the next important date if market depth requirements are satisfied.

What comes next for the ADA price?

The ADA price has finally found buyers where many expected them to appear. Weekly support continues holding, market capitalization has added roughly $400 million, momentum has improved across multiple timeframes, and whale wallets continue controlling more than two-thirds of the circulating supply.

The recovery still needs additional confirmation. Buyers must breach $0.1650 and then reclaim $0.18 before embarking on a rally towards the $0.2242 weekly resistance level. These will be necessary for any sustainable rebound and reversal of the overall technical bias.

If support near $0.1500 gives way, attention shifts back toward the $0.14 region. According to CoinCodex's 1-month ADA price prediction, the ADA price could reach $0.1563, pointing to limited upside from current levels if buyers continue defending the $0.1500 support zone and reclaim resistance around $0.1650.