Cardano Sits Back in Its Old Launch Zone as the ADA Price Tests a Major Level
Cardano is back in one of those parts of the chart that traders haven’t forgotten. The ADA price has dropped right into the same demand zone that helped kick off the last major cycle move, and Crypto Patel is calling it the “exact level” that triggered a huge rally before.
His point is pretty straightforward: this is where ADA has historically stopped falling apart, found its footing, and then moved quickly once the market finally turned. And now, the chart is showing Cardano sitting in that same area again.
ADA Is Back at a Major Macro Support Zone
On the monthly chart, the ADA price has basically completed a full reset from its all-time high near $3.10. It’s been a long grind lower, and now price is landing inside a historical support block that mattered in past cycles.
That demand zone sits roughly in the $0.10 to $0.20 region, and it’s the kind of area where buyers have stepped in before. Each time Cardano traded down into this zone, it eventually managed to form a base and push into a larger move higher.
That’s why this level stands out. It isn’t about excitement or narratives. It’s about the simple fact that this is where the market has defended ADA before.
The ADA Chart Also Shows Where Price Could Head Next
The chart lays out clear liquidity levels above the current range. Right now, the ADA price is sitting near sellside liquidity, which is usually where stop-losses and forced selling stack up during a downtrend.
If that selling pressure gets absorbed, the next areas the market would naturally look toward sit higher up. The first big zone is around $0.40, which would be the start of a real recovery leg.
Above that, there’s another major level near $1.32, lining up with an old breakout shelf from previous cycle action. And then, of course, there’s the full extension back toward the $3.10 all-time high, which Crypto Patel frames as the complete cycle expansion if history ends up repeating.
Source: X/@CryptoPatel
The current structure feels like re-accumulation. The ADA price isn’t trending upward right now, but it’s sitting in the same zone where momentum flipped in the past.
Patel’s argument is that this is usually the phase where sentiment is dead, retail loses interest, and stronger hands start positioning early. The pattern is familiar: bottoms form slowly, then the expansion happens fast once the cycle changes.
Read Also: Cardano (ADA) Nears Entry Into World’s Biggest Derivatives Marketplace
What Would Break the Whole Setup
The chart also gives a clean line in the sand. If Cardano gets a weekly close below $0.10, the demand-zone thesis weakens heavily, and the market would have to start looking lower for the next real support.
For now though, the ADA price is sitting right where previous cycles have started. This is the zone that decides whether Cardano is building another base or if there’s still more downside left before the next real move.
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The post Cardano Sits Back in Its Old Launch Zone as the ADA Price Tests a Major Level appeared first on CaptainAltcoin.
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