- Cardano (ADA) is holding the $0.19-$0.20 support area after establishing a bullish trend in July.
- Short-term profit-taking could limit the recovery, with $0.225, $0.258 and $0.279 as key resistance levels.
Cardano (ADA) is holding above the $0.20 area after breaking out of a long-term downtrend in July. The recovery has pushed ADA toward key resistance levels, but profit-taking among short-term holders could determine how far the price can move next.
Cardano Price Structure Turns Bullish
Cardano remained in a long-term downtrend from October 2025, forming a series of lower highs and lower lows. The trend began to change in July when ADA broke above the $0.19 lower high recorded in June.
The breakout established a bullish structure on the daily chart, with ADA forming a series of higher highs. However, the recovery has faced resistance around $0.255, a level that also played an important role in April and May.
A successful breakout above this resistance could put $0.29 into focus. Before that happens, ADA needs to maintain its recent structure and defend the support levels created during the recovery.
On-Chain Data Shows Short-Term Profit-Taking
On-chain data from Santiment shows that 30-day and 90-day ADA holders were holding positions at a profit. This can increase the risk of short-term selling as traders look to lock in gains after the recent rally.
The 365-day MVRV remained negative, meaning longer-term holders were still, on average, sitting on losses. However, the metric had climbed to its highest level since January.
Cardano’s mean coin age data also showed a mixed picture. The 365-day mean coin age continued to rise, which points to longer-term accumulation, while the 90-day figure declined sharply during the recent price rally.
The age consumed metric also recorded its highest spike since June. Together, these readings suggest that some shorter-term ADA holders may have moved coins to take profits.
ADA Price Levels to Watch Next
On the 4-hour chart, Cardano’s short-term structure remained bullish at the time of the source analysis. The latest rally started around the $0.19 level, which also produced a bullish reaction toward the end of August.
That makes $0.19 an important short-term demand zone. If ADA holds above this area, the next resistance to watch is around $0.225.
A sustained move above $0.225 could bring $0.258 and $0.279 into focus. On the downside, a break below $0.19 would weaken the current short-term structure.
Cardano’s network has also integrated the x402 codebase. If the integration helps attract more developers, applications and payment activity, it could become another factor supporting ADA’s broader outlook in the coming months.
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