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Cardano (ADA) Price Analysis for January 10

Cardano (ADA) Price Analysis for January 10

CryptoNewsNetCryptoNewsNet2026/01/10 18:27
By:CryptoNewsNet
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Cardano (ADA) Price Analysis for January 10

Cardano (ADA) Price Analysis for January 10 image 0  u.today 40 m
Cardano (ADA) Price Analysis for January 10 image 1

Most of the coins keep trading in the green zone on the first day of the weekend, however, there are some exceptions, according to CoinStats.

Cardano (ADA) Price Analysis for January 10 image 2

ADA/USD

The price of Cardano (ADA) has fallen by 1.36% since yesterday.

Cardano (ADA) Price Analysis for January 10 image 3

On the hourly chart, the rate of ADA might have set a local resistance at $0.3925. If the daily bar closes far from that mark, traders may witness a drop to the support shortly.

Cardano (ADA) Price Analysis for January 10 image 4

On the bigger time frame, there are no reversal signals so far. At the moment, traders should pay attention to the interim level at $0.3850. If a breakout happens, the accumulated energy might be enough for a move to the $0.37 area.

Cardano (ADA) Price Analysis for January 10 image 5

From the midterm point of view, bulls have failed to maintain the growth after the previous weekly bar closure.

If the candle closes around the current prices or below, sellers may seize the initiative, which may lead to a test of the $0.30 range by the end of the month.

ADA is trading at $0.3892 at press time.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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