Cardano Price Prediction: ADA Price Faces Extended Weakness as Sellers Retain Control

Cardano (ADA) continues to face bearish pressure, struggling to maintain its position above the $0.49 support zone. Over several weeks, the cryptocurrency has shown a persistent downward trend, dominated by sellers in the short term. Currently trading at $0.534, ADA remains well below key moving averages, reflecting a broader market slowdown as traders exit leveraged positions and sentiment cools across altcoins.

ADA has been consistently trading below its 20-, 50-, 100-, and 200-EMA levels, reinforcing the ongoing bearish momentum. Attempts to rebound toward the $0.60–$0.65 range have repeatedly failed, forming a consistent pattern of lower highs since early October. The Supertrend indicator remains red, confirming continued market control by sellers.

Fibonacci retracement levels indicate significant resistance at $0.66 and $0.77, aligning with the EMA100 and EMA200 and forming strong supply zones. For ADA to shift market sentiment, bulls must not only reclaim these levels but also establish a firm close above $0.66.

Futures open interest for ADA has seen a significant decline, underlining reduced enthusiasm among leveraged traders. Open interest, which peaked around $1.8 billion when prices were above $1.10, has dropped sharply to $604 million. This contraction signals that traders are closing positions rather than opening new ones, reflecting a less speculative and more cautious market environment.

Reduced leverage participation further suggests that traders await confirmation of a clear bottom. A steady rise in open interest alongside higher prices would indicate renewed confidence, but until then, ADA's short-term rallies are likely to remain limited.

Cardano's spot market witnessed persistent outflows throughout 2025, reflecting ongoing profit-taking and weakened accumulation efforts. Although minor inflow spikes were recorded in March and July, selling pressure has dominated.

For instance, on November 5, ADA registered a modest inflow of $638,870, coinciding with a trading price near $0.5332. However, the general correlation between falling prices and steady outflows indicates that liquidity is leaving exchanges. Without consistent inflows, ADA may struggle to maintain support at $0.50, risking a slide to $0.45 or lower if selling pressure persists.

Heading into November, ADA's key upside levels include $0.55, $0.59, and $0.66 as immediate resistance points. A confirmed breakout above $0.66 may extend gains to $0.71 and $0.77. Conversely, critical downside levels remain at $0.49, $0.45, and $0.41 if selling persists.

The technical picture indicates that ADA's price is squeezed between a horizontal support base at $0.49 and a declining trendline resistance near $0.60. This narrowing price range signals potential volatility expansion once a breakout occurs.

Cardano's short-term recovery depends on whether buyers can defend the $0.49 support long enough to reclaim the 20-EMA near $0.55. A build-up in momentum could see ADA rally toward the $0.59–$0.66 range, signaling an early trend reversal.

However, failure to sustain $0.49 support could lead to a decline toward $0.45 or even $0.41. Broader market sentiment, on-chain flows, and Bitcoin's stability will play a critical role in determining ADA's direction. For now, the cryptocurrency remains in a pivotal consolidation zone, with limited bullish conviction but potential for a rebound if macroeconomic factors improve.