Cardano (ADA) Price Breaks Resistance, Eyes Growth in 2026
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jan 07 2026- Golden Cross Signal: Cardano has formed a golden cross on its two-hour chart, with the 50-period moving average crossing above the 200-period average, indicating a strengthening bullish trend and reflecting broader momentum in the cryptocurrency market as 2026 begins.
- Resistance Level Analysis: The ADA price faces strong resistance at $0.401, a level that has repeatedly blocked upward movement since September; despite reaching $0.4055 during Sunday trading, it retreated, indicating cautious market sentiment.
- Governance Proposal Approval: A governance proposal titled “Withdraw 70,000,000 ADA for Cardano Critical Integrations Budget” has been ratified, securing funding for upcoming integrations that are expected to enhance Cardano's ecosystem and support ADA's long-term value.
- Future Target Setting: Should ADA break above the $0.401 resistance, analysts predict potential targets near $0.65 and eventually $0.90, aligning with historical support and resistance zones, suggesting a possible price breakout ahead.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
