Cardano Price Prediction: Analyst Maps ADA Rebound Toward $9.77 Target

Key Insights:

• Cardano price trades near $0.16 after a 31% drop on the monthly ADAUSDT chart.
• Analyst chart marks $0.10–$0.15 as Cardano’s strong support and accumulation zone.
• The ADA crypto chart shows upside targets near $2.78 and $9.77 if price rebounds from support.

Cardano price remained under pressure on Monday as ADA traded near $0.158 following a sharp market-wide correction. Despite the decline, analysts continue to monitor a major support area that has historically attracted buyer interest.

Recent on-chain data also showed renewed whale accumulation, suggesting some large investors view current prices as an opportunity. However, technical indicators and derivatives positioning continue to reflect cautious sentiment across the broader market.

Cardano Price Holds Critical Accumulation Zone

Analyst CryptoPatel shows ADA crypto near the lower end of a multi-year range. The chart marks a green support and accumulation zone around the $0.12 to $0.16 area. ADA sits close to that band after dropping more than 14% in the previous week. That area now forms the key base for the analyst’s Cardano price prediction.

Cardano price prediction shows a wider upside path if buyers defend the current zone. CryptoPatel marks a first target near $2.78 from the lower support area. That level would represent a move of more than 2,100%. ADA crypto prediction then places a larger target near $9.77, equal to a move of more than 7,300%. It also shows a resistance area near the $1 region, where ADA may face heavy supply before any larger move.

Also, Cardano price outlook includes a long descending structure that has guided ADA since its prior cycle peak. Price now trades near the point where that structure meets the green accumulation zone. A rebound from this area would need higher volume and follow-through above short-term resistance. Without that move, ADA remains exposed to another test of lower support.

Whales Add ADA During Recent Market Dip

Meanwhile, Santiment data shows that large Cardano wallets accumulated during the recent sell-off. Wallets holding between 10 million and 100 million ADA added about 370 million tokens since June 15. This buying came while ADA crypto continued to trade near depressed levels. The activity shows that one large-holder group used the decline to increase exposure.

Other wallet groups moved in the opposite direction during the same period. Wallets holding between 100,000 and 1 million ADA reduced holdings. Wallets with 1 million to 10 million ADA also shed tokens. These movements show a split between larger whales and smaller groups of large whales. The buying has offered some support, but it has not produced a strong short-term recovery.

Derivatives Data Shows Mixed Cardano Sentiment

CoinGlass data shows that Cardano traders still lack a clear direction. The ADA long-to-short ratio stood at 0.40 on Monday, its lowest level in more than a month. A reading below 1 shows that more traders hold short positions than long positions. This positioning keeps pressure on ADA while spot price action remains weak.

Funding data gave a different signal on the same day. ADA’s OI-weighted funding rate turned positive at 0.0050%. Positive funding means long traders pay short traders, which shows demand for long exposure. Together, the long-to-short ratio and funding rate show a divided market rather than broad agreement on recovery.

ADA crypto also traded below its 50-day, 100-day, and 200-day exponential moving averages on Monday. Those averages stood near $0.204, $0.236, and $0.311. Cardano price action below all three levels keeps the broader trend under pressure. The RSI near 31 also shows weak momentum, although it does not confirm extreme oversold conditions.

ADA now faces near-term resistance around $0.181, based on the 23.6% Fibonacci retracement. The $0.202 to $0.204 area forms the next barrier. It lines up with the 38.2% retracement and 50-day EMA. A stronger resistance cluster sits between $0.230 and $0.240. The 61.8% Fibonacci level, a trendline area, and the 100-day EMA meet there. On the downside, the $0.148 zone remains the main structural support to watch.

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