Cardano Price Flirts with Make-or-Break Level: Is a Reversal Incoming?
Cardano (ADA), one of the most closely watched cryptocurrencies in the market, is approaching a critical price level that could determine its short-term direction. After weeks of subdued trading and mounting selling pressure, ADA now hovers at a make-or-break support zone — sparking speculation among traders and investors about the potential for a reversal.
Cardano’s Recent Price Action
As of late June 2025, Cardano’s price has struggled to regain bullish momentum. ADA is trading near $0.38, dangerously close to a key support level that has historically acted as a launchpad for rallies. Over the past month, the asset has shed nearly 12% amid broader market volatility and profit-taking across major altcoins.
Technical indicators reflect a mixed picture:
The Relative Strength Index (RSI) sits in oversold territory, hinting that bearish momentum could be overextended.
The 50-day moving average remains above current price levels, reinforcing near-term resistance.
Trading volumes have declined, suggesting uncertainty and caution among market participants.
Why This Level Matters
The $0.36–$0.38 zone has repeatedly served as a battleground between bulls and bears. A sustained break below this area could open the door for a deeper correction toward the next major support at $0.32 or even $0.28. On the flip side, if bulls defend this level, ADA could attempt to reclaim the psychological $0.40 mark and potentially target $0.45 in the coming weeks.
This zone is more than just a technical marker — it’s also significant from a sentiment perspective. A bounce could reignite optimism, while a breakdown might signal that ADA remains vulnerable in a risk-off crypto environment.
What Could Trigger a Reversal?
Several factors could fuel a rebound for Cardano:
Network developments: Cardano’s ongoing work on scalability upgrades and its growing DeFi ecosystem could inspire renewed investor confidence.