## Cardano ADA Under Pressure: Analysts Keep Focus on Critical Support Zones
The Cardano market is currently at a crossroads. While the ADA price struggles with resistance, market analysts are focusing on two crucial price levels that could determine what happens next: $0.92 and $1.24. With a current price of $0.38, the network is in a consolidation phase, a period that investors are watching closely.
### The audit concludes months of controversy
An important moment for Cardano came with the completion of an independent investigation into the ADA Voucher Program. For months, accusations circulated that founder Charles Hoskinson had misused funds, particularly around the Allegra hard fork in 2021. Critics claimed that approximately $619 million in tokens had been problematicly moved.
The 128-page audit by law firm McDermott Will & Schulte and accounting firm BDO told a different story. The investigation showed that 99.7% of the 14,282 vouchers were redeemed correctly, with no signs of abuse. The security systems had effectively prevented manipulation. The much-discussed '318 million ADA' turned out to be an administrative procedure from the Byron phase, followed by regular processing via the Post-Sweep Redemption Project.
This definitively ended months of debate. With this certainty, attention could return to what truly matters: the technical position and fundamental growth of the network.
### Technical structure indicates stability
With the audit behind them, market watchers are now looking at what the charts reveal. Daily charts show that Cardano is operating within a clear trading range, with bulls currently maintaining their positions. The combination of trading volume and candle formation suggests that a move to higher levels is possible.
Analysts are specifically focusing on two resistance levels: $0.92 and $1.24. When volume increases during an attempt to break through these zones, it increases the likelihood that bears will not be able to resist. Without such volume, any price increase risks being quickly pushed back.
The current balance between buyers and sellers appears neutral, but the market structure suggests that bulls are gaining strength. This forms the basis for a potential breakout in 2025 and 2026, provided the resistances are successfully overcome.
### The network continues to grow meanwhile
Beyond the charts, the Cardano ecosystem shows solid progress. New applications and decentralized projects add liquidity to the platform. This on-chain activity supports what the technical signals suggest: it’s not just price action, but real growth in usage and development.
This pattern – strong fundamentals combined with stable technical structure – positions Cardano to continue expanding. When the broader market undergoes a correction, these support zones could serve as entry points for new investors.
### Outlook: cautious optimism for Cardano
With the audit as the culmination of a turbulent chapter, Cardano can now focus on future milestones. The Cardano price moves within familiar boundaries, with $0.92 and $1.24 serving as guideposts for what’s next.
The combination of increasing network activity and technical signals positions ADA as a project laying the groundwork for broader institutional interest. Although $0.38 is still far from previous highs, both on-chain data and market structure suggest that the foundation for recovery is in place.
For 2025, the message is: those following Cardano should keep their eyes on these two critical price zones and the volume that can confirm this breakthrough moment.
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## Cardano ADA Under Pressure: Analysts Keep Focus on Critical Support Zones
The Cardano market is currently at a crossroads. While the ADA price struggles with resistance, market analysts are focusing on two crucial price levels that could determine what happens next: $0.92 and $1.24. With a current price of $0.38, the network is in a consolidation phase, a period that investors are watching closely.
### The audit concludes months of controversy
An important moment for Cardano came with the completion of an independent investigation into the ADA Voucher Program. For months, accusations circulated that founder Charles Hoskinson had misused funds, particularly around the Allegra hard fork in 2021. Critics claimed that approximately $619 million in tokens had been problematicly moved.
The 128-page audit by law firm McDermott Will & Schulte and accounting firm BDO told a different story. The investigation showed that 99.7% of the 14,282 vouchers were redeemed correctly, with no signs of abuse. The security systems had effectively prevented manipulation. The much-discussed '318 million ADA' turned out to be an administrative procedure from the Byron phase, followed by regular processing via the Post-Sweep Redemption Project.
This definitively ended months of debate. With this certainty, attention could return to what truly matters: the technical position and fundamental growth of the network.
### Technical structure indicates stability
With the audit behind them, market watchers are now looking at what the charts reveal. Daily charts show that Cardano is operating within a clear trading range, with bulls currently maintaining their positions. The combination of trading volume and candle formation suggests that a move to higher levels is possible.
Analysts are specifically focusing on two resistance levels: $0.92 and $1.24. When volume increases during an attempt to break through these zones, it increases the likelihood that bears will not be able to resist. Without such volume, any price increase risks being quickly pushed back.
The current balance between buyers and sellers appears neutral, but the market structure suggests that bulls are gaining strength. This forms the basis for a potential breakout in 2025 and 2026, provided the resistances are successfully overcome.
### The network continues to grow meanwhile
Beyond the charts, the Cardano ecosystem shows solid progress. New applications and decentralized projects add liquidity to the platform. This on-chain activity supports what the technical signals suggest: it’s not just price action, but real growth in usage and development.
This pattern – strong fundamentals combined with stable technical structure – positions Cardano to continue expanding. When the broader market undergoes a correction, these support zones could serve as entry points for new investors.
### Outlook: cautious optimism for Cardano
With the audit as the culmination of a turbulent chapter, Cardano can now focus on future milestones. The Cardano price moves within familiar boundaries, with $0.92 and $1.24 serving as guideposts for what’s next.
The combination of increasing network activity and technical signals positions ADA as a project laying the groundwork for broader institutional interest. Although $0.38 is still far from previous highs, both on-chain data and market structure suggest that the foundation for recovery is in place.
For 2025, the message is: those following Cardano should keep their eyes on these two critical price zones and the volume that can confirm this breakthrough moment.