Cardano Eyes 100-Day Moving Average After Defying Lower MAs

2026-01-15 13:08:51

Source: CryptoNewsNet Original Title: Cardano Eyes 100-Day Moving Average After Defying Lower MAs Original Link: Nick Valdez (Deezy), a stake pool operator and prominent market analyst, expects Cardano to target the 100-day moving average next.

Notably, he shared in his recent analysis that the critical price level is the next in Cardano’s radar after showing strength against other key moving averages. He highlighted that ADA bounced from the 20-day MA and has “tentatively” broken above the 50-day MA, making the 100-day MA its next major target.

Key Points

Deezy, a stake pool operator and prominent market analyst, sees Cardano targeting the 100-day moving average next, which currently sits at $0.489.
He pointed out that ADA bounced from the 20-day MA and has “tentatively” broken above the 50-day MA, making the 100-day MA its next key target.
Cardano retested the 20-day moving average after its early January recovery run and regained bullish momentum, surging 9% the next day to reach $0.425.
The run saw it break above the 50-day moving average.
Deezy suggested the correctional phase for Cardano might be nearing its end, citing a higher-low formation on the daily chart.

Cardano and the 20D and 50D Moving Averages

For perspective, Cardano retested the 20-day moving average after its early January recovery run. The coin jumped to a high of $0.435 on January 6 but lost steam there, leading to a retracement that found support at the 20D MA around $0.380 on January 12.

From the area, Cardano regained bullish momentum, surging 9% the next day to reach $0.425. Notably, the run saw it break above the 50-day moving average, with Deezy suggesting it may have also defied this key indicator.

At the time of writing, ADA has retraced to $0.403, with current consolidation pushing it towards the 50-day at $0.395. Notably, if the indicator provides support, as the 20-day MA did a few days ago, Cardano may recover to a higher price level.

ADA Now Eyes the 100-day MA

Meanwhile, Deezy’s analysis highlighted the 100-day moving average as the next possible target. At the time of writing, this indicator stands at $0.489.

However, ADA has the $0.43 resistance level to overcome first. The cryptocurrency has faced selling pressure around the area twice this month, falling from the zone on January 6 and again on January 14, when its bullish momentum stalled at $0.426.

End of Cardano Downtrend? Caveats to Note

Further, Deezy suggested that the correctional phase for Cardano might be nearing its end, citing a higher low formation on the daily chart. An accompanying chart shows that the SPO views the consolidation from the January 6 high to a low of $0.38 to retest the 20D MA as a swing low before the next leg up.

If this proves true, the analyst highlights $0.49 as the possible short-term target. However, this hinges on several factors, including sustained strength amid the current mild consolidation.

ADA needs to hold the 50-day MA if there is any chance of a further price increase, which is not guaranteed. Even if this level holds, reaching the 100-day MA also remains speculative, as market trends are unpredictable.

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