Cardano’s Daring Dilemma: Will It Rebound or Continue Its Dismal Decline?

On the weekly tableau, our dear ADA languishes near the modest figure of $0.30, a stark retreat from its early-2026 heights that flirted with $0.40-$0.45, a time now remembered with bittersweet nostalgia. Since January, the token has issued a continuous series of bearish candles-evidence, if you will, of sustained distribution rather than a mere temporary setback. It now tests a support band of no small significance, stretching between $0.28 and $0.30, a zone of both history and hope-having served as support and resistance in multiple cycles, making one wonder whether it is the market’s good old hiding place or merely a tease.


