Cardano News: What’s Next for ADA Price After Dropping Below $0.30 Support?
The post Cardano News: What’s Next for ADA Price After Dropping Below $0. 30 Support? appeared com. Cardano breaks key support at $0. 50, forming a bearish pennant. ADA faces further downside amid strong selling pressure. Cardano (ADA) has recently fallen below its key support level of $0. 50, raising concerns among investors. The cryptocurrency’s price is now testing new lows, with analysts watching closely to see if it can recover. ADA has previously shown strong rebounds from this level, but the recent decline could signal a deeper downtrend. As of now, the price stands at $0. 472, and traders are focused on whether the asset can find support and stabilize or if further declines are imminent. Cardano Breaks Long-Held Support Level Cardano’s price has dropped below a crucial support zone that has held since early 2024. This support level has seen multiple successful rebounds in the past, with ADA showing signs of strength after touching it. In April, ADA rose by nearly 60% after retesting this level, and the same happened in June and July, with ADA seeing rallies of 80% and 70%, respectively. Cardano DA just broke a key support zone that has held since 2024. Big move coming next! pic. twitter. com/aqPXYyaNDL Ali (@ali_charts) November 16, 2025 However, the current drop to $0. 472 is the first time ADA has broken this support. This break indicates that the previous support may no longer be as reliable, leaving ADA vulnerable to further declines. Analysts now expect the price to test new support zones, possibly at $0. 40 or lower, if the bearish trend continues. The loss of this support level marks a distinct shift from previous cycles, suggesting the start of a new phase in Cardano’s price action. Traders are now watching closely for any signs of a potential rebound. However, breaking this key support level raises concerns about ADA’s ability to regain its previous strength. Bearish Pennant Formation Signals. Continue reading Cardano News: What’s Next for ADA Price After Dropping Below $0.30 Support?