As the month draws to a close, the bears are starting to dominate the crypto markets. Bitcoin has dipped below $89,000, while Ethereum is hovering around the $3,000 mark. Meanwhile, Cardano is at a critical juncture, with its price at around $0.35 after a significant pullback from its 2025 highs.
The strength of ADA against Bitcoin is not very convincing, as the ADA/BTC pair remains in a downward trend. The focus now shifts to whether the ADA price can hold the $0.3 to $0.35 support zone, which has previously sparked rebounds, or if sellers will push for a deeper retest to $0.28.
ADA Price Enters a Critical Phase
Cardano’s ADA price is currently around $0.356 on the weekly chart, following a steady decline from its 2025 highs. The price is now testing a well-established support range between $0.30 and $0.35, which has historically served as a launching pad for price rebounds. This zone is crucial in the monthly close, as holding it could stabilize sentiment and attract buyers looking to buy the dip. However, a breakdown below this level could signal waning confidence. Despite a slight loss of momentum, buyers still have an opportunity to defend the current price structure.
The chart indicates that ADA is losing upward momentum and is slipping below the mid-range, with the support zone between $0.30 and $0.35 providing immediate cushioning. The next significant support level is around $0.282. To mitigate the risk of a breakdown, ADA needs to reclaim $0.42 and shift focus back to $0.50. The MACD indicator remains negative, indicating that sellers are still in control of the momentum.
Cardano Relative Strength Against Bitcoin Remains Weak
The ADA/BTC pair illustrates why ADA’s recent movements may seem weaker when viewed in dollars. The price is currently hovering around 0.0000040 BTC on the weekly chart, trapped within a long descending channel that has dictated the trend since the 2021 peak. This is crucial for the monthly close, as it reflects whether capital is flowing into ADA or staying concentrated in Bitcoin. Without a stabilization and breakout from the downtrend structure, ADA’s rallies in USD may struggle to sustain.
The chart highlights a pattern of lower highs within the channel, limiting ADA’s relative strength. The current level around 0.0000040 BTC is near a key support level, suggesting that buyers are defending this floor. A breakdown below this level would extend the bearish structure and signal further underperformance against Bitcoin. To change this narrative, ADA/BTC must first reclaim the midline of the channel and challenge the upper boundary. Until then, any rebounds are likely to be corrective rather than trend-changing.
What’s Next for Cardano (ADA) Price?
The next move for Cardano hinges on its performance as the month comes to a close in a critical support zone. With ADA trading near $0.356 and relying on the $0.30 to $0.35 support range, a defense of this area could pave the way for a recovery towards $0.50. However, a breakdown below $0.282 would shift the chart from a pullback scenario to a breakdown, increasing downside risks.
The ADA/BTC chart remains in a long-term downtrend near 0.0000040 BTC, indicating that ADA is not consistently outperforming Bitcoin. For a sustainable rally, ADA’s relative strength needs to improve, rather than just seeing a short-lived bounce in USD. As such, the most likely scenario is volatility around the support levels, with the monthly close serving as a key indicator of whether ADA will stabilize or weaken further heading into February.
