Technical Analysis

ADA Comprehensive Technical Analysis: Detailed Review of January 22, 2026

ADA

ADA/USDT

$0.3623
+3.07%
24h Volume

$415,384,560.39

24h H/L

$0.3739 / $0.3501

Change: $0.0238 (6.80%)

Long/Short
72.3%
Long: 72.3%Short: 27.7%
Funding Rate

-0.0057%

Shorts pay

Data provided by COINOTAG DATALive data
Cardano
Cardano
Daily

$0.3622

-1.04%

Volume (24h): -

Resistance Levels
Resistance 3$0.5683
Resistance 2$0.3916
Resistance 1$0.3735
Price$0.3622
Support 1$0.3554
Support 2$0.3420
Support 3$0.2242
Pivot (PP):$0.3622
Trend:Downtrend
RSI (14):42.5
MR
Michael Roberts
(06:35 PM UTC)
5 min read
724 views
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Although ADA shows a short-term recovery within the general downtrend ($0.36 level +%3.10 daily gain), it continues to stay below EMA20. Bearish Supertrend, MACD negative histogram, and RSI 42.45 with weak momentum make $0.3735 resistance a test while criticalizing $0.3554 support; BTC decline poses risk for altcoins.

Executive Summary

Cardano (ADA) is trading at $0.36 as of January 22, 2026, and has recorded a 3.10% rise in the last 24 hours, yet the dominant downtrend continues. Price is positioned below EMA20 ($0.38) while Supertrend gives a bearish signal, and $0.43 resistance forms a strong barrier. Momentum indicators (RSI 42.45, MACD negative) remain weak, with 11 critical levels identified across multiple timeframes: 1D (1S/2R), 3D (1S/1R), 1W (2S/4R). Volume is at a moderate $415.38M, but BTC's downtrend is pressuring ADA. Risk/reward ratio is unfavorable for longs; if short-term $0.3735 resistance is not broken, movement toward $0.2242 bearish target is possible. A cautious approach is recommended strategically; follow spot and ADA Spot Analysis along with ADA Futures Analysis.

Market Structure and Trend Status

Current Trend Analysis

ADA's dominant trend is clearly moving in a downward direction. On daily and weekly charts, the higher high/lower low structure continues unbroken; after the recent peak at $0.43, price consolidated in the $0.35-$0.37 range. The short-term 3.10% recovery stems from oversold conditions but lacks sufficient momentum for a trend change. The Supertrend indicator is in bearish mode and marks $0.43 resistance as a trailing stop. Price remaining below EMA20 ($0.38) strengthens the short-term bearish bias. Multi-timeframe analysis (1D/3D/1W) confirms the overall structure is bearish: Weekly shows 4 resistances vs. 2 supports dominant.

Structural Levels

Main structural support at $0.3554 (score: 64/100, 1D and 3D confluence); a break opens the path to $0.2242 (bearish target, score 22). Resistances at $0.3735 (score 74/100, strongest 1D level) and $0.5683 (score 60/100, 1W target). These levels are derived from Fibonacci retracement (0.618-$0.3735), pivot points, and volume profile, indicating the market structure maintains the down channel (upper band $0.43, lower $0.35).

Technical Indicators Report

Momentum Indicators

RSI(14) at 42.45 level in neutral-bearish zone; no breakout above 50, no divergence signal but risk of dipping below 30. MACD histogram negative and below signal line, bearish crossover confirmed. Stochastic %K below %D, emphasizing weak momentum. Overall confluence: Momentum does not support buyers, short-term oversold rebound may remain limited.

Trend Indicators

EMA cluster bearish: Price below EMA20 ($0.38), EMA50 ($0.41), and EMA200 ($0.45). Death cross (EMA50>EMA200) active. Supertrend bearish, ATR-based trailing resistance $0.43. Price below Ichimoku cloud, Tenkan-Kijun cross bearish. Bollinger Bands squeezing below middle band, low volatility but proximity to lower band increases downside risk. Trend indicators give unanimous bearish signals.

Critical Support and Resistance Analysis

Total 11 strong levels: Supports $0.3554 (64/100, volume cluster + Fib 0.5), lower psychological $0.30. Resistances $0.3735 (74/100, highest scored, 1D pivot R1 + 3D confluence), $0.43 Supertrend, $0.5683 (60/100, 1W target Fib 0.618). Scores calculated based on historical touch, reaction strength, and multi-TF weight. Break of $0.3735 tests $0.43, otherwise $0.3554 breach activates $0.2242 bear target. Risk: False breakouts common in low-volume environment.

Volume and Market Participation

24h volume $415.38M, up 20% from previous days (positive divergence), but overall trend volume low – bearish absorption signal. OBV falling, smart money outflow. In $0.35-$0.37 range, volume profile VPVR POC around $0.36, but upper tails show weak buying volume. BTC dominance rising while altcoin volume disperses; no whale accumulation in ADA, retail-driven bounce may remain limited. Volume confluence supports bearish structure.

Risk Assessment

Risk/reward: From current $0.36, bull target $0.5683 (+58%, score 31) vs. bear $0.2242 (-38%, score 22). For longs, R/R 1:1.5 unfavorable (low probability). Main risks: BTC $88k support breach (ADA -10% correlation), macro FUD, low volatility trap. Stop-loss suggestion: Longs below $0.3554, shorts above $0.3735. Limit position size to 1-2% risk. Volatility ATR 0.02, not suitable for swing trade; scalping $0.37 range.

Bitcoin Correlation

ADA correlates with BTC at 0.85%; BTC $89,750 (+2.06%) in downtrend (Supertrend bearish), key supports $88,402/$86,703/$84,681, resistances $91,172/$92,961/$96,781. BTC break below $88k sends ADA below $0.35, dominance increase creates alt pressure. BTC $91k breakout triggers ADA $0.40+. Watch: BTC 4H close below $88k – ADA short, above $91k cautious long.

Conclusion and Strategic Outlook

ADA's technical chart shows bearish dominance: Downtrend, bearish indicator confluence, and BTC pressure mean $0.3735 resistance unbroken leads to $0.3554-$0.2242 decline expected. Short-term bounce opportunistic but risky; await volume increase and RSI>50 breakout. Strategy: Short bias, short on $0.3735 rejection (target $0.3554, SL $0.38). For longs, $0.43 Supertrend flip required. Follow detailed with ADA Spot Analysis and ADA Futures Analysis. Cautious portfolio adjustment recommended – altcoin rotation dependent on BTC stability.

This analysis uses the market views and methodology of Chief Analyst Devrim Cacal.

Crypto Research Analyst: Michael Roberts

Blockchain technology and DeFi focused

This analysis is not investment advice. Do your own research.

MR
Michael Roberts

Expert technical analysis and market insights. Follow us for the latest cryptocurrency analysis.

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