Cardano Price Prediction: Can $ADA Turn Resistance Into Support?

Cardano price prediction

$ADA is trading near $0.1666 after posting a solid 4.26% daily gain, bringing renewed attention to Cardano. 

Momentum appears to be shifting, and the next few trading sessions could play a major role in determining where the price heads from here. 

Let's break down the latest Cardano price prediction. 

Cardano Price Right Now (as of 11:35 AM IST, July 18, 2026)

Metric

Value

Price

$0.1666

24h Change

+4.26% ($0.006807)

Market Cap

$6.06B

Futures Volume (24h)

$504.53M

Spot Volume (24h)

$103.37M

Open Interest

$405.55M

Circulating Supply

36.47B ADA

Total Supply

44.99B ADA

Max Supply

45.00B ADA

Source: CoinGlass, CoinGecko

What is Cardano News Today?

According to a post from MSB Intel on X, dated July 17, 2026, Cardano has upgraded its Plutus smart contracts to include native BLS12-381 signature verification, a move designed to cut down on off-chain computation.cardano news latest

In simple terms, this lets certain cryptographic checks run directly on-chain instead of relying on external processing, which should make Cardano's smart contract layer both faster and more secure over time. 

The upgrade lines up with Cardano's broader push to compete with other layer-1 networks on infrastructure quality, and it comes at a time when ADA is also showing signs of technical strength.

Cardano Liquidation Data

According to CoinGlass, ADA liquidations have been picking up alongside the recent rally.latest cardano liquidation data

In the past hour, $3.72K was liquidated, entirely from long positions, with no shorts wiped out. 

Over 4 hours, that number jumps to $41.38K, and this time shorts take the bigger hit at $34.17K against $7.20K in longs. 

The 12-hour window shows $164.07K in total liquidations, split between $55.57K in longs and $108.50K in shorts. 

Over the last 24 hours, liquidations climb to $925.26K, with shorts accounting for $356.62K and longs for $568.64K. 

The heavier long liquidations over the full day suggest ADA saw a rough patch before the bounce, while the more recent short liquidations point to sellers getting caught off guard by the move back above the flip zone.

Cardano Price Prediction: Technical Analysis

Methodology note: This reading is based on the 1-hour ADA/USDT chart on Binance via TradingView, using price structure and the RSI for momentum confirmation. Levels are invalidated on a confirmed candle close beyond the stated trigger, not just an intraday wick.cardano technical analysis

A flip zone, for readers newer to this term, is simply a price range that has swapped roles between support and resistance more than once. 

On the ADA chart, that zone sits between $0.1653 and $0.1662, and it has a long history behind it.

Price held this range as support close to six separate times before finally breaking down through it. 

After that breakdown, ADA came back up to test the same zone from below as resistance around seven times, with three of those attempts actually pushing to break above it, only to get rejected each time.

This time is different. ADA has broken through the zone and, more importantly, is sustaining above it rather than immediately rolling over the way it did on the earlier attempts. 

That kind of behavior usually points to accumulation, meaning buyers have been steadily building positions underneath resistance until they finally had enough strength to hold above it.

This breakout also follows an earlier move where ADA broke cleanly below a descending channel and has continued to build higher since. 

The RSI is currently reading 59.41, up from an oversold bounce near the recent low and past a brief bearish signal that showed up close to the last major resistance test, which supports the idea that momentum is still leaning constructive for now.

For the setup to stay valid, the flip zone needs to hold as support going forward. A confirmed close below $0.1578 would break that thesis and put the setup back in bearish territory.

Support and Resistance Levels

Type

Level

Note

Resistance 2

$0.1745

Next major upside target

Resistance 1

$0.1694

Immediate resistance

Current Price

$0.1666

Trading above flip zone

Flip Zone / Support 1

$0.1653 - $0.1662

Now acting as support after repeated tests

Support 2

$0.1578

Invalidation trigger on a confirmed close below

Support 3

$0.1554

Deeper downside support

Risk-Reward Table

Case

Trigger

Target

Bull Case

Holds the $0.1653 to $0.1662 flip zone as support and clears $0.1694

Move toward $0.1745

Bear Case

Confirmed close below $0.1578

Slide toward $0.1554 and below

Invalidation Level

This bullish setup depends on ADA holding the $0.1653 to $0.1662 flip zone as support. 

A confirmed 1-hour close below $0.1578 would invalidate the structure and shift the short-term outlook back toward the downside, opening the path to $0.1554.

Expert View
As per CoinGabbar's market analyst, ADA's move back above the $0.1653 to $0.1662 flip zone carries more weight than a typical breakout, given how many times the price was rejected from this exact range before finally holding above it. 

That repeated testing, followed by sustained strength rather than an immediate reversal, is generally read as a sign that buyers have been accumulating on dips. 

Combined with the recent Plutus smart contract upgrade adding real technical value to the network, the setup currently favors continuation toward $0.1694 and $0.1745, as long as the flip zone holds and RSI momentum does not fade.

 A confirmed close below $0.1578 would be the clearest signal that this has failed.

Disclaimer: This article is for informational purposes only and should not be considered financial advice. Cryptocurrency markets are highly volatile, and price predictions are not guaranteed. Please do your own research before making any investment decisions.

Sourabh Singh

About the Author Sourabh Singh

Research Analyst at coingabbar.com

Sourabh Singh is a dedicated Research Analyst with more than five years of experience in financial markets and cryptocurrency research. He specializes in market analysis, price action , and blockchain industry insights. Over the years, Sourabh has developed strong expertise in interpreting market data, identifying structures, and delivering research-driven insights that help investors better understand the rapidly evolving crypto landscape. His work focuses on simplifying complex market movements and providing data-backed perspectives on digital assets, trading patterns, and industry developments.

Leave a comment
Crypto Press Release

Frequently Asked Questions (FAQ)

Faq Got any doubts? Get In Touch With Us
Scroll to Top