16-01-2026 20:06 via coinjournal.net

Cardano price hits a supply wall near $0.40: can ADA hold support?

Cardano price dropped to $0.37 after another rejection around $0.40.
The technical picture points to a potential downside continuation to $0.32.
The ADA price was down 4% in the past 24 hours.Cardano’s ADA token is down and faces a brutal supply wall near $0.40, where relentless selling pressure threatens to derail bulls’ hopes of an extended upside.
The token changed hands nearly 4% in the red on Friday, hovering around $0.38 as short-term downside risks persist for top coins. As t
Read more »