Cardano (ADA) is close to falling out of the top 10 cryptocurrencies by market cap, a shift many traders expected.
The last time ADA slipped this low was in 2024, when the price fell under $0.30. The downward trend has been building for months as pressure across the market has increased.
Even so, ADA held steady over the past 24 hours.
The token hovered near $0.82 despite the wider volatility. CoinGecko figures show ADA trading around $0.8264, a small +0.23% gain during the period.
Trading activity stayed firm across major exchanges, with 24-hour volume near $856.7M. The price moved within a narrow intraday band, showing that traders remained cautious after recent swings.
DISCOVER: Next 1000X Crypto – Here’s 10+ Crypto Tokens That Can Hit 1000x This Year
Cardano Faces Sentiment Pressure as New Chain and Technical Issues Raise Concerns
The launch of a separate chain by Cardano’s founder has added fresh doubt about his focus on the main network, and the broader uncertainty is weighing on sentiment.
Following an issue identified in the Preview environment yesterday, Cardano is currently experiencing a technical issue now on Mainnet.
Currently block production has slowed, and we’re working closely with @Cardano_CF and @InputOutputHK as we coordinate a technical response.…
— Intersect (@IntersectMBO) November 21, 2025
The pressure increased again after a technical issue appeared in the Preview environment yesterday. A second problem then surfaced on the Mainnet. The glitch is fixable, but it slowed block production and added more stress to an already weak setup.
ADA slipped on Friday after the blockchain experienced an unexpected chain split, caused by a malformed delegation transaction that exposed a software flaw. The event disrupted activity for users, and the person who claimed to have triggered it issued a public apology.
He was also helping SPOs for many years to set up and keep their nodes running. I don't want to defend him, but you need to see the whole context, not just the personal level.
Thinking this way is a tunnel vision that makes this community divided, radicalized and choosing a…
— Psychedelic Pool PSYA (@psyadapool) November 21, 2025
Intersect, the governance group for the Cardano ecosystem, said in its incident report that the chain divergence began when the malformed transaction passed validation on newer node versions, while older nodes rejected it.
DISCOVER: 9+ Best High-Risk, High-Reward Crypto to Buy in 2025
Cardano Price Prediction: Can ADA Hold the $0.30 Support Zone Identified by Analyst?
Cardano has now entered a deeper bearish phase, as the market continues to break below key support levels, driving the token toward its weakest range in months.
Crypto analyst Ali Martinez shared a clear view of where Cardano may stabilize next, pointing to a key zone on the chart. “$0.30 is where Cardano $ADA could find support!” he said, noting the long-term level that has held in previous downturns.
The chart shows ADA stuck in a steady downtrend that has accelerated through October and November. The token lost its grip on the $0.70 level earlier in the quarter and has not been able to recover since. Attempts to reclaim the mid-range areas near $0.55 and $0.46 were unsuccessful several times, with each rejection pushing the market lower.
ADA slipped below the $0.42 support zone, a level that previously helped stabilize the market during earlier pullbacks. This time, the drop came with higher volatility and almost no strong reaction from buyers.
A key pattern on the chart is the horizontal support sitting close to $0.30. This level has drawn buyers several times in the past, and ADA bounced from it twice earlier this year.
The current slide toward this zone suggests it may once again act as a psychological and technical barrier for the market.
The chart also shows how ADA struggled each time it approached the $1.00 resistance during mid-year.
Every rally lost strength near that point, and the market failed to build enough momentum to break through. Since then, the broader direction has stayed firmly bearish.
Now ADA is trading just above its next major support. Traders are watching to see if the token can settle near $0.30 or if stronger selling will push it toward even lower levels.
As Martinez pointed out, this area could be where the market attempts its next recovery.
EXPLORE: What is Web3: A Beginner’s Guide
The post Cardano Price Prediction: Why Is Cardano Struggling to Recover Key Resistance Levels? appeared first on 99Bitcoins.
Other Articles
Today’s Hurdle hints and answers for November 23, 2025
No Comment! Be the first one.