Cardano is off to a solid start in 2026; the 10th largest cryptocurrency is seeing a price rise, up 7% on a 24-hour basis to outperform major cryptos.
At the time of writing, ADA was up 7.34% in the last 24 hours to $0.368 and up 5.66% weekly.
Cardano is showing steady gains at 2026’s start as traders return from the holiday break. Aside from Dogecoin, which was up 11% in the last 24 hours, ADA led gains among the top 10 cryptocurrencies as risk appetite improved across markets.
Coinciding with the surge in the ADA price in the last 24 hours is a wild surge in futures activity as derivatives traders adjust positioning.
According to CoinGlass data, Cardano surged 37,851% in futures volume on the Bitmex crypto exchange to reach $255.52 million.
Across the crypto market, the setup remains supportive with a weaker dollar and improving equity sentiment supporting this, yet traders remain cautious after a late-2025 period marked by thin liquidity and quick profit-taking.
Cardano price targets
Cardano reversed a four-day drop, which took place from Dec. 28 to 31, recovering from a low of $0.3297.
Cardano rebounded from a Jan. 1 low of $0.331, reaching an intraday high of $0.37. Despite this recovery, ADA has stayed in a range between $0.33 and $0.40 since mid-December.
The first sign of strength would be a break and close above the $0.3842 high. ADA could then rise to the 50-day SMA at $0.407, where sellers might mount a strong defense. If buyers overcome the barrier, Cardano’s price could reach the $0.50 target.
On the other hand, bears will try to strengthen their position by pulling ADA’s price below the $0.33 level. If they succeed, ADA could plummet to $0.30 and later to the Oct. 10 low of $0.27.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Ethereum Bottom In at $2,156, Says Tom Lee! Spike Soon?
Ethereum shows signs of stabilization with long-term holders increasing positions despite cautious institutional ETF outflows. This suggests a potential market bottom, though recovery may take time influenced by external factors.
Coinfomania1h ago
Quant enters important supply zone: Will QNT's 24% weekly rally slow down?
Quant (QNT) has shown strong recent performance, rising 4.91% in 24 hours and 24.14% over the week, contrasting with Bitcoin's drop. While a bullish trend is possible, signals indicate a cautious outlook, with key resistance levels to watch.
TapChiBitcoin2h ago
HODL Kings: Bitcoin Leads Diamond Hands Ranking
According to analysis shared by CEX.IO, long-term holding continues to be a defining strategy in the cryptocurrency market. The “diamond hands” metric measures the percentage of a digital asset’s supply that has remained inactive for extended periods, typically over one year. This indicator
Coinfomania2h ago
BNB Chain leads the AI sector with 39.9% market share, so why is the price still falling?
BNB Chain is emerging as a leader in the AI agent ecosystem, holding 39.9% market share. However, its token BNB's price has not reflected this growth, remaining 25.9% below its previous peak, as market sentiment remains cautious.
TapChiBitcoin5h ago
