Cardano (ADA/USDT) Attempts Rebound After Recent Decline
Estimated Reading Time: 3 minutes
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you are unlikely to be protected if something goes wrong. Take 2 minutes to learn more
Cardano against Tether has dropped by 1.6% in the past 24 hours, continuing its downward trend over the past month (16%). At the moment, analysts are of the opinion that this drop can be linked to the rising dominance of Bitcoin, around 59.4%.
From another point of view, the pair appears to have broken down the $0.4 support level, sliding down towards another level as bearish sentiment heightened even as the price went up slightly.
To this end, Cardano trades at $0.3554, with more than 65.82 million traded volumes for the day.
Technical Indicators
Major Resistance Levels: $0.3650, $0.3750, and $0.4000
Major Support Levels: $0.3430, $0.3200, and $0.3000
Technical Analysis
Technically, Cardano in recent times has appeared to be showing signs of a potential rebound after a prolonged downtrend, operating in the $0.3000 zone after the October fall.
As it stands, the Stochastic RSI seems to be indicating a shift in momentum slightly in favor of the bulls, as the blue line is spotted crossing above the orange line. However, the structure of the Guppy Multiple Moving Averages (GMMA) suggests the slight upward move in price recently could indicate a minor rebound.
For now, the overall market sentiment remains cautious, waiting for a break above $0.3650 to confirm an upside in the near term.
$ADA #ADAUSDT 0.2980 level is an important support; a close below it would be painful. #Crypto pic.twitter.com/3JAP7DY1a9
— Analiz Scout (@AnalizScoutTR) December 24, 2025
Meanwhile, a tweet from @AnalizScountTR highlighted the importance of the next support level around $0.2980. The analyst warned that a move past this critical level would lead to significant losses for the holders of the token.
ADA/USDT Analysis: Potential Upside Move Amid Consolidation
On the 4-hour chart, ADA/USDT seems to have seen an increased momentum. From one angle, the Stochastic RSI seems to be entering the overbought conditions (82.07), indicating a short-term bounce as the price faces resistance around $0.3600.
From another, the sets of EMAs appears to be showing some improvement in the short term, with the short-term moving averages slightly curling upwards. This suggests that buyers might be attempting a short-term rally. However, for sustained movement, ADA would need to hold above the $0.3560 zone, with $0.3600 acting as the first major resistance.
You can purchase crypto coins here. Buy Crypto
