Is ADA about to face pressure? Losing the $0.40 resistance level could trigger a chain reaction of decline

2026-01-16 19:40:12

Abstract generation in progress

【Crypto World】Cardano’s ADA recently faced significant resistance at the $0.40 key barrier. From the latest trend, the price has already fallen to around $0.38, a decline of about 4%. From a technical perspective, the situation looks a bit grim—RSI indicator shows a clear bearish signal, and MACD has also fallen below the zero line, which usually indicates increasing downside momentum.

If ADA cannot regain the $0.40 level, there is a risk of further downside. Based on support levels, it may drop another 10% or so, until around $0.32 to find a more solid support. In the short term, the selling pressure in the market is indeed significant, and attention should be paid to the performance at these key price levels.

ADA-5.69%

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ChainDoctor

· 7h ago

It's already at 0.38, and they're still talking about 0.40. This coin should have dropped long ago.

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NFTArchaeologist

· 01-16 20:05

Damn, another round of dumping? Is 0.32 the bottom? I bet 5 U, and it still has to keep falling.

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ChainSherlockGirl

· 01-16 19:57

According to my analysis, after this wave, the large wallet addresses for ADA are starting to move again. Breaking below 0.40 is really a bit risky; on-chain data shows selling pressure is indeed increasing. Let's wait and see if 0.32 can hold; this story isn't over yet.

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GateUser-afe07a92

· 01-16 19:54

If you can't break 0.40, then get ready to buy the dip at 0.32. Anyway, I am optimistic about ADA.

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