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Cardano ($ADA) Crypto Forecast: Up 5.3% Today

Morpher AI identified a bullish signal. The crypto price may continue to rise based on the momentum of the good news.

What is Cardano?

Cardano (ADA) is a popular cryptocurrency token known for its focus on sustainability and scalability in the blockchain space. The overall cryptocurrency market has been experiencing volatility recently, with investors closely monitoring key support levels and moving averages.

Why is Cardano going up?

ADA crypto is up 5.3% on Jan 13, 2026 20:56

  • The bullish movement in ADA today could be linked to investors seeing the key support level at $0.38 as a buying opportunity, resulting in increased demand for the token.
  • Last week's bounce off the 50-day Exponential Moving Average (EMA) might have initially caused some selling pressure, but ADA's resilience in testing key support and rebounding today indicates a renewed investor confidence in the token.
  • The analysis suggests that although short-term fluctuations may occur, ADA's ability to maintain above the key support level could indicate a potential uptrend in the near future, especially if market sentiment remains positive toward cryptocurrencies.

ADA Price Chart

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Cardano price forecast: ADA tests key support at $0.38 with mixed outlook

Cardano (ADA) price is nearing key support at $0.38 on Tuesday, after being rejected by the 50-day Exponential Moving Average (EMA) the previous week.

https://www.fxstreet.com/cryptocurrencies/news/cardano-price-forecast-ada-tests-key-support-at-038-with-mixed-outlook-202601130430

0 News Article Image Cardano price forecast: ADA tests key support at $0.38 with mixed outlook

Cardano Price History

06.00.2026 - ADA Crypto was up 6.6%

  • ADA experienced a strong bullish movement today, following a positive trend in the overall cryptocurrency market.
  • The announcement of native Cardano staking support within the Tangem app by P2P.org could have contributed to increased investor interest and buying pressure on ADA.
  • The breakout from the falling wedge pattern and the growing bullish sentiment in the derivatives market also played a role in driving ADA's price higher.
  • Overall, ADA's bullish movement today can be attributed to a combination of positive market sentiment, new staking opportunities, and technical breakout patterns.

31.11.2025 - ADA Crypto was down 5.4%

  • ADA faced downward movement in the market despite positive sentiment, with derivatives data reflecting a risk-on mood among traders.
  • Speculation regarding Cardano founder Charles Hoskinson's alleged sale of ADA at a high price may have sparked investor concerns, contributing to the token's decline.
  • Despite optimistic speculation and an increase in decentralized exchange (DEX) trading, ADA's price has dropped by 58% year-to-date, overshadowing short-term positive signals and leading to bearish trends.
  • General doubt in the cryptocurrency sector, as evidenced by remarks on XRP's market cap by an industry figure, might have impacted ADA's performance in a negative way.

05.00.2026 - ADA Crypto was up 5.7%

  • ADA showed a strong bullish movement, surpassing key technical patterns and demonstrating resilience amid geopolitical risks.
  • Increasing positive sentiment in the derivatives market, along with a rise in Open Interest and growing long bets, signal a rising confidence level among market participants in ADA.
  • The uptrend in ADA may be connected to a general positive outlook in the cryptocurrency market, driven by investors looking for alternative assets given uncertainties in traditional markets.
  • While ADA's price surge was primarily influenced by internal factors and market dynamics, external events like regulatory changes or macroeconomic shifts could also affect its future performance.

02.00.2026 - ADA Crypto was up 6.6%

  • Today, ADA witnessed a price increase, trading above $0.36 and edging closer to the $0.40 threshold.
  • Positive developments in on-chain and derivatives data, coupled with a surge in decentralized exchange (DEX) trading volume, suggest a rising bullish sentiment towards ADA.
  • Despite a 58% decrease in value since the beginning of the year, ADA's recent positive performance is driven by a favorable technical outlook that hints at a potential upward breakout, amid a prevailing risk-on attitude among traders.
  • The affirmation from Cardano founder Charles Hoskinson about not selling ADA at a higher value, alongside continually encouraging updates related to ADA, likely played a role in the coin's upward price movement.

05.00.2026 - ADA Crypto was up 5.6%

  • ADA saw a significant uptrend after breaking out from a falling wedge pattern, backed by increasing long positions and growing open interest in the derivatives market.
  • The introduction of native Cardano staking for Tangem wallet users likely boosted positive sentiment and investor interest in ADA.
  • The general upward movement in the cryptocurrency market, along with XRP's rally and formation of breakout patterns, created a supportive atmosphere for ADA's price hike.
  • Despite potential geopolitical challenges limiting potential gains, ADA's strong start to the New Year and positive technical indicators suggest a continued bullish trajectory for the token.

07.00.2026 - ADA Crypto was down 5.6%

  • Despite the overall positive sentiment in the cryptocurrency market, Cardano (ADA) experienced a strong bearish movement today.
  • The bearish trend could be attributed to profit-taking by investors after a period of bullish momentum.
  • Additionally, the underperformance of Cardano (ADA) compared to other altcoins like Solana (SOL) and XRP (PUMP) might have contributed to the downward pressure on its price.
  • It's essential for investors to closely monitor market trends and news developments to make informed decisions in the volatile cryptocurrency space.

22.11.2025 - ADA Crypto was up 5.6%

  • Amidst recent pessimism and profit-taking by investors, ADA saw a significant upswing in its price today.
  • Criticism from Charles Hoskinson directed at U.S. policymakers, alleging bias towards certain cryptocurrencies like ADA, might have reinvigorated interest and trust in the token.
  • Despite falling below $0.37 and a decrease in retail demand as mentioned, this scenario possibly acted as a signal for some traders to take a contrary position, contributing to the bullish surge.
  • The upswing in ADA's price today could be attributed to a mix of revived investor attention, possible market influences, and a change in sentiment post critiques and price adjustments.

23.11.2025 - ADA Crypto was down 5.3%

  • ADA experienced a strong bearish movement today, dropping below $0.37.
  • The bearish sentiment was fueled by holders offloading ADA tokens, increasing selling pressure.
  • Loss realization among ADA holders surged, with over $900 million in losses realized in December alone.
  • The negative price action could also be attributed to the overall bearish momentum in the cryptocurrency market, as well as concerns about ADA's social dominance and dormant wallet activity.

19.11.2025 - ADA Crypto was up 5.7%

  • ADA showcased a significant surge in value today, defying prevailing market pessimism.
  • Criticism from Charles Hoskinson towards U.S. policymakers for exhibiting preference towards specific cryptocurrencies like ADA might have reignited interest and trust in the token.
  • The price consolidation near $0.40 and positive on-chain indicators likely influenced the price surge, enticing investors seeking growth opportunities.
  • Despite recent challenges and price fluctuations, ADA's technology and future vision sustainably draw supporters and investors, propelling the bullish trend.

13.00.2026 - ADA Crypto was up 5.3%

  • The bullish movement in ADA today could be linked to investors seeing the key support level at $0.38 as a buying opportunity, resulting in increased demand for the token.
  • Last week's bounce off the 50-day Exponential Moving Average (EMA) might have initially caused some selling pressure, but ADA's resilience in testing key support and rebounding today indicates a renewed investor confidence in the token.
  • The analysis suggests that although short-term fluctuations may occur, ADA's ability to maintain above the key support level could indicate a potential uptrend in the near future, especially if market sentiment remains positive toward cryptocurrencies.

30.11.2025 - ADA Crypto was down 5.3%

  • The bearish movement in ADA today is likely due to holders offloading tokens, causing increased selling pressure and a drop in price below $0.37.
  • Despite positive developments such as ADA bulls anticipating higher DEX trading volume and potential collaboration with Solana, the overall sentiment appears to be affected by ADA's 58% price decrease year-to-date.
  • Denials from Cardano founder Charles Hoskinson regarding selling ADA at a higher price, combined with prevailing market dynamics, may have contributed to a lack of investor confidence, fueling the bearish trend.
  • The market may be anticipating tangible progress and positive catalysts to reverse the current bearish sentiment and regain momentum in the near future.

27.11.2025 - ADA Crypto was up 5.4%

  • Despite recent bearish sentiment and holders offloading ADA, the positive movement today could be attributed to the potential collaboration between Cardano and Solana, as hinted by the agreement to build a bridge between their blockchains.
  • Charles Hoskinson's denial of selling ADA at a low price and the festive message posted on Christmas might have instilled confidence in investors, leading to increased buying pressure.
  • The market movement could also reflect a shift in sentiment towards ADA, with investors possibly viewing the current price levels as an attractive buying opportunity given the recent dip in value.
  • Overall, the bullish movement in ADA today could be a result of a combination of positive news, potential partnerships, and a reevaluation of the token's value by investors.
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Disclaimer
Morpher is not liable for the content of the AI investment insights. Like most GPT-powered tools, these summaries may contain AI hallucinations and inaccurate information. Morpher is not presenting you with any investment advice. All investments involve risk, and the past performance of a security, industry, sector, market, or financial product does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. These summaries do not constitute investment advice.