{"id":66456,"date":"2026-01-16T19:58:44","date_gmt":"2026-01-16T19:58:44","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/cardano-price-hits-a-supply-wall-near-0-40-can-ada-hold-support\/"},"modified":"2026-01-16T19:58:44","modified_gmt":"2026-01-16T19:58:44","slug":"cardano-price-hits-a-supply-wall-near-0-40-can-ada-hold-support","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/cardano-price-hits-a-supply-wall-near-0-40-can-ada-hold-support\/","title":{"rendered":"Cardano price hits a supply wall near $0.40: can ADA hold support?"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"-mt-16  mb-8  lg:-mt-20  rounded-md  shadow-md\">\n<div class=\"relative  z-10  post-article-image  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/12\/shutterstock_1959907726-2-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/12\/shutterstock_1959907726-2-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/12\/shutterstock_1959907726-2-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/12\/shutterstock_1959907726-2-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/>\n<\/picture>                            <\/div>\n<\/p><\/div>\n<ul>\n<li>Cardano price dropped to $0.37 after another rejection around $0.40.<\/li>\n<li>The technical picture points to a potential downside continuation to $0.32.<\/li>\n<li>The ADA price was down 4% in the past 24 hours.<\/li>\n<\/ul>\n<p>Cardano\u2019s ADA token is down and faces a brutal supply wall near $0.40, where relentless selling pressure threatens to derail bulls\u2019 hopes of an extended upside.<\/p>\n<p>The token changed hands nearly 4% in the red on Friday, hovering around $0.38 as short-term downside risks persist for top coins. As the chart below shows, ADA traded to a daily low of $0.379.<\/p>\n<h2>Cardano price hits supply wall near $0.40<\/h2>\n<p>Cardano\u2019s price action has recently encountered a formidable supply wall around the $0.40 threshold, a level that has repeatedly acted as a barrier to upward momentum.<\/p>\n<figure id=\"attachment_358505\" aria-describedby=\"caption-attachment-358505\" class=\"wp-caption alignnone\"><img loading=\"lazy\" fetchpriority=\"high\" decoding=\"async\" data-source=\"CoinJournal\" class=\"size-full wp-image-358505\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2026\/01\/cardano-ada.png\" alt=\"Cardano Price Chart\" width=\"1057\" height=\"571\"\/><figcaption id=\"caption-attachment-358505\" class=\"wp-caption-text\"><a href=\"https:\/\/www.tradingview.com\/symbols\/ADAUSD\/\" target=\"_blank\" rel=\"noopener\">Cardano price chart<\/a> by TradingView<\/figcaption><\/figure>\n<p>The 50-day exponential moving average sits at $0.41, and acts as a stubborn ceiling that has informed multiple price rejections.<\/p>\n<p>Meanwhile, \u200bthe Relative Strength Index (RSI) on the daily chart currently lingers below the neutral mark. In technical analysis, this highlights a potential extension towards the oversold territory with a sloping outlook.<\/p>\n<p>Another indicator, the ADX, shows a reading of 19.5 and points to bearish strength.<\/p>\n<p>The negative directional dominance favours sellers.<\/p>\n<p>The MACD similarly shows bearish divergence under the zero line, while Bollinger Bands contract toward the lower rail. It all adds up to a token facing huge downside volatility.<\/p>\n<p>The $0.40 zone is therefore just another key resistance level, but a zone of notable supply overhang.<\/p>\n<h2>Cardano shows weakness amid broader headwinds<\/h2>\n<p>Cryptocurrencies ended the past year largely bearish amid broader market headwinds.<\/p>\n<p>This saw Bitcoin struggle to defend key levels and fall to lows of $80,000 before bouncing. BTC, however, has retreated from above $97,500, and this looks to have capped momentum for top altcoins.<\/p>\n<p>QCP analysts recently noted that while the macro environment could boost bulls, volatility might remain elevated. Both Bitcoin and Ethereum thus show a risk-off outlook unless the market sees cleaner spot bids.<\/p>\n<p><a href=\"https:\/\/coinjournal.net\/news\/vaulta-price-crashes-20-to-new-all-time-low-below-0-14\/\">Vaulta<\/a> is among the altcoins to falter amid this downturn, and\u00a0Cardano\u2019s on-chain metrics, like dormant supply activation, point to similar sell-off pressure.<\/p>\n<p>Recent rejections from the 50-day EMA also come after prices fell sharply from above $0.82 on October 10, 2025. The moving average now sits at $0.41 and recently triggered a decline to lows of $0.37.<\/p>\n<p>Currently, ADA is back at the fragile $0.38 support, and with funding rates flipping negative, shorts may have an upper hand.<\/p>\n<p>This classic bearish signal signals that retail optimism is evaporating. However, the 26% decrease in daily volume betrays weak conviction, and price may probe the key supply zone again.<\/p>\n<p>If ADA price doesn\u2019t reclaim $0.40 with a volume surge, it risks a 10% breakdown that could bring multi-month support lows of $0.32.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/cardano-price-hits-a-supply-wall-near-0-40-can-ada-hold-support\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) Cardano price dropped to $0.37 after another rejection around $0.40. The technical picture points to a potential downside continuation to $0.32. The ADA price was down 4% in the past 24 hours. Cardano\u2019s ADA token is down and faces a brutal [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":66457,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/66456"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=66456"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/66456\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/66457"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=66456"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=66456"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=66456"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}