Cardano Price May Break Down $0.36 Line

Sellers are exerting more pressure

ADA Price Analysis – 02 December

If Cardano can maintain the price above the $0.38 hedge, they can try to tackle the resistance potential of $0.40 and $0.44. The $0.35 and $0.33 support options will be considered if the $0.36 hedge is translated.

Key Levels:

Resistance levels: $0.38, $0.40, $0.44

Support levels: $0.36, $0.35, $0.33

ADA/USD Long-term Trend: Bearish

Cardano is getting weaker every day. The chart produced a double top formation near the $0.98 resistance level on September 13. Before establishing support near the anticipated $0.44 level, the price attempted to break through the initial hedging position. However, the coin is able to get past the first predicted impediment. A bearish candle pattern was observed on the daily map. Bearish wicks were found when the $0.44 hedging position was analyzed. Since last week, the project has been successful. The price is making another effort to fall below $0.36.

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The bears are in control of the Cardano request. Cardano’s rapid slide below the Hull Suite forex signals indicator has enraged customers. If Cardano can maintain the price above the $0.38 hedge, they can try to tackle the resistance potential of $0.40 and $0.44. The $0.35 and $0.33 support options will be considered if the $0.36 hedge is translated.

ADA/USD Medium-term Trend: Bearish

Cardano’s 4-hour chart shows a downward trend. In recent weeks, there have been two unsuccessful efforts to reach the 4-hour time period resistance level at $0.98. The value of the ADA plummeted to $0.44 as more bears than bulls filed applications and copping instigation soared. When the currency came close to $0.36, a bearish engulfing candle developed, signaling that sellers are in charge of the market.

.36 Line" width="1281" height="571" data-lazy-src="https://learn2.trade/wp-content/uploads/2025/12/4-hours-5.png"/> Even if the QQE MOD index, a trustworthy source of forex indicators, is displaying a negative signal and is below the zero line. Cardano is currently trading below the Hull Suite Crypto points, which is a sign of a negative trend.

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