Cardano is off to a solid start in 2026; the 10th largest cryptocurrency is seeing a price rise, up 7% on a 24-hour basis to outperform major cryptos.
At the time of writing, ADA was up 7.34% in the last 24 hours to $0.368 and up 5.66% weekly.
Cardano is showing steady gains at 2026’s start as traders return from the holiday break. Aside from Dogecoin, which was up 11% in the last 24 hours, ADA led gains among the top 10 cryptocurrencies as risk appetite improved across markets.
Coinciding with the surge in the ADA price in the last 24 hours is a wild surge in futures activity as derivatives traders adjust positioning.
According to CoinGlass data, Cardano surged 37,851% in futures volume on the Bitmex crypto exchange to reach $255.52 million.
Across the crypto market, the setup remains supportive with a weaker dollar and improving equity sentiment supporting this, yet traders remain cautious after a late-2025 period marked by thin liquidity and quick profit-taking.
Cardano price targets
Cardano reversed a four-day drop, which took place from Dec. 28 to 31, recovering from a low of $0.3297.
Cardano rebounded from a Jan. 1 low of $0.331, reaching an intraday high of $0.37. Despite this recovery, ADA has stayed in a range between $0.33 and $0.40 since mid-December.
The first sign of strength would be a break and close above the $0.3842 high. ADA could then rise to the 50-day SMA at $0.407, where sellers might mount a strong defense. If buyers overcome the barrier, Cardano’s price could reach the $0.50 target.
On the other hand, bears will try to strengthen their position by pulling ADA’s price below the $0.33 level. If they succeed, ADA could plummet to $0.30 and later to the Oct. 10 low of $0.27.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
BTC rises 0.52% in 15 minutes: Major capital net inflows to exchanges and multiple market resonance driving the move
2026-03-20 21:15 to 21:30 (UTC), BTC recorded +0.52% return in 15 minutes, with a price range of 70124.0 to 70586.6 USDT, and amplitude of 0.66%. This round of volatility occurred against a backdrop of increased market attention and heightened fluctuations, with both on-chain and market participants showing highly active behavior.
The main driver of this volatility was whale funds (entities holding >=1,000 BTC) making a net inflow of 4,091.39 BTC to exchanges within 24 hours, data significantly exceeding the average for the same period. Concentrated net inflows
GateNews59m ago
Bitcoin Has Stabilized, But Investors Are Paying Up for Downside Protection: VanEck
Bitcoin's volatility has decreased to around $70,000, but traders are still heavily investing in downside protection. Although premiums for puts have dropped, they remain high historically, suggesting caution among investors. This defensiveness may signal an impending price bottom, as similar market conditions in the past have led to recoveries.
Decrypt1h ago
Cardano Flashes Weekly Buy Signal As ADA Holds Key $0.23 Support
Cardano is trying to shake off a bruising stretch of price weakness, and a fresh technical signal is giving traders a reason to pay attention again. Crypto analyst Ali Martinez said ADA has printed a TD Sequential buy signal on the weekly chart, showing a “black 9” that often appears when a
BlockChainReporter3h ago
Ethereum Approaches Cycle Low as Bitmain Indicates Violent Belief
The article explores Ethereum's potential market bottom, highlighting its correlation with past S&P 500 trends and significant institutional investment by Bitmain. Despite mixed market sentiment, historical patterns suggest possible recovery.
CryptoBreaking4h ago
Analyst: If Bitcoin falls below the $66,000 support level, it may trigger a 10%-20% correction
Gate News reported that on March 20, Chartered Market Technician (CMT) Aksel Kibar stated on March 21 that the lower support boundary of Bitcoin's potential rising wedge formation is located at 66,000, and a breakdown below this level could trigger a bearish reversal. Aksel Kibar pointed out that rising wedges, as a classic technical pattern, typically appear at the end of uptrends, signaling price momentum exhaustion. Historical data shows that after similar downside breakdowns are confirmed, the average pullback ranges from 10%-20%.
GateNews6h ago
