Cardano (ADA) Price Analysis for December 23 - U.Today

2025-12-23 16:01:02

Bears are dominating over bulls on the second day of the week, according to CoinStats.

ADA chart by CoinStats## ADA/USD

The rate of Cardano (ADA) has dropped by 3.18% since yesterday.

Image by TradingViewOn the hourly chart, the price of ADA is near the local support of $0.3607. If buyers cannot seize the initiative and a bounce back does not happen, there is a high chance to see a test of the $0.3550 area soon.

Image by TradingViewOn the longer time frame, the rate of ADA is going down after a false breakout of the resistance at $0.3809

If the situation does not change, one can expect a test of the $0.35 zone shortly.

Image by TradingViewFrom the midterm point of view, there are no reversal signals so far. If the weekly bar closes near or below the $0.35 zone, traders may witness an ongoing decline to the $0.30 range until the end of the month.

ADA is trading at $0.3605 at press time.

ADA-3,64%

Trang này có thể chứa nội dung của bên thứ ba, được cung cấp chỉ nhằm mục đích thông tin (không phải là tuyên bố/bảo đảm) và không được coi là sự chứng thực cho quan điểm của Gate hoặc là lời khuyên về tài chính hoặc chuyên môn. Xem Tuyên bố từ chối trách nhiệm để biết chi tiết.