- Cardano price remains trapped between two horizontal levels of $0.3 and $0.22 on the daily chart.
- The upcoming Van Rossem Hard Fork (Protocol 11) is expected to introduce critical network upgrades this month
- A sharp down slope in daily exponential moving average ( 20, 50, 100, and 200) indicate the intense selling pressure in ADA price.
ADA, the native cryptocurrency of the Cardano ecosystem showcased low volatility sideways trading on Saturday. The move followed low volume activity in the overall crypto market as traditional stock and commodity catalysts are absent on weekends. However, with the recent launch of Midnight, Cardano’s privacy-focused sidechain and Van Rossem Hard Fork , the ADA coin could witness renewed recovery at its Immediate support at $0.22. Is Cardano price poised for a rebound?
Cardano’s Major Upgrades Fail to Lift ADA Amid Global Uncertainty
The Cardano ecosystem is at a crossroad in April 2026: significant technical achievements are combined with the current price stagnation of ADA.
One of the successes is the recent launch of the mainnet of Midnight, the privacy-oriented sidechain of Cardano. It allows providing selective disclosure, which is possible with the help of Zero-Knowledge (ZK) proofs, meaning that the user can provide data attributes without showing any sensitive information. It has attracted serious institutional attention, with Google Cloud and MoneyGram as partners. Monument Bank, a UK-regulated bank, has proposed that it will tokenise up to 250 million retail deposits on the chain.
The focus on the core network is the Van Rossem Hard Fork (Protocol 11), which is scheduled this month. It also finishes the Voltaire phase by making the governance entirely decentralized with the on-chain voting directly giving control of the ~$1 billion Cardano Treasury to the ADA holders. Recently, it was proposed to allocate 70 million ADA towards improving cross-chain bridges and liquidity of native stablecoins
These developments could bolster ADA’s mid-to-long-term trajectory, but the near term outlook faces restriction due to the Middle East war.
Cardano Price Poised For Another Support Retest at $0.22
Since early February, the Cardano price has been wavering between two horizontal levels of $0.3 and $0.22. The coin price showed breakout attempts from either sideway but failed immediately, indicating the lack of conviction from buyers or sellers.
The consolidation still continues as the escalating geopolitical tension between the U.S. and Iran continue to pressurize global markets. Currently trading at $0.24, the Cardano price is just 10% short form retesting the bottom support. This potential hit could act as a pivot moment in determining ADA’s near term trajectory.
If the sellers flip the bottom support into potential resistance the supply pressure would accelerate and drive prolonged correction in price to $0.15 psychological level.
On the contrary, if the buyers continuous to defend the bottom floor of potential rebound could uplift the price 40% before challenging the psychological level of $0.3.
