Could ADA revisit $0.138? The chart scenario remains unverified
A technical-analysis scenario attributed to analyst V (@finsends) suggests Cardano’s ADA could fall to another low, but neither the original post nor the dated chart could be independently confirmed. The levels cited should not be treated as a current price forecast.
- Undated chart reference: ADA near $0.2172
- Reported support zones: $0.207-$0.212 and $0.196-$0.200
- Bearish scenario: a possible return to about $0.138
- Chart levels describe possible outcomes, not guaranteed ones
What the chart scenario claims
The chart attributed to V reportedly uses a daily Coinbase timeframe. It shows ADA recovering from a June low within an ascending channel. In this reading, the token made higher lows through July, August and September, then climbed toward $0.28 in October.
The same account says ADA later fell below a resistance zone around $0.255-$0.259 and returned to rising support near $0.215. Recent candles were described as dipping below the channel’s lower boundary.
The dates and year for those price movements are unknown, and the chart itself could not be checked. So $0.2172 is an undated reference, not a reliable indication of ADA’s current price.
A brief move below a channel line does not, by itself, confirm a sustained breakdown. In the technical reading described, a daily close below support followed by a failed attempt to reclaim it, or move back above the level, would strengthen the bearish case. That offers one way to assess the chart, but it cannot predict what ADA will do.
How far could ADA fall?
The reported chart marks $0.207-$0.212 as the nearest support area below the channel. It identifies roughly $0.196-$0.200 as another zone, described as an earlier resistance area that could now be tested as support.
The deeper bearish scenario points to about $0.138, near the June low. From the cited $0.2172, that would be a decline of about 36.5%. The math checks out. The target remains an unverified chart projection, not a confirmed destination.
Even if ADA returned to $0.138, that would not prove it had found a durable bottom. A “final flush” is trader shorthand for a possible last sharp decline before a lasting recovery. Markets don’t have to follow the neat endings investors draw on charts.
What could improve the outlook?
The bullish alternative is for ADA to move back above the channel’s lower boundary and hold there. The chart analysis reportedly sees a move toward $0.23 as an improvement in the near-term picture, while $0.255-$0.259 remains a larger resistance zone. Past Cardano price jumps don’t guarantee this scenario will play out.
Those levels are useful only as conditional reference points, and the chart’s date is unknown. Moving above them would not, on its own, establish a lasting uptrend. The strength and persistence of buying would still matter.
Network development is not a price floor
Progress on a blockchain and demand for its token are related, but they are not the same thing. New software, standards or applications may expand what a network can do. They do not automatically create immediate demand for ADA or guarantee a price recovery.
Specific claims about Cardano testnets, treasury proposals, token features and enterprise applications need confirmation from the relevant project, governance or organizational records before they can be treated as established developments. A testnet is used to trial software, while mainnet is the live network. Opening a testnet does not set a mainnet activation date. A proposal is not an approved expenditure, and a regulatory request is not a regulatory decision.
Key questions about ADA’s possible next low
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Is a further ADA low possible?
It is one possible scenario in the chart analysis attributed to V, but the original chart and its date could not be independently confirmed.
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What would strengthen the bearish case?
A daily close below the reported channel support, followed by a failed recovery, would offer stronger evidence of a breakdown than a brief move below the line.
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Could ADA revisit $0.138?
The reported chart identifies that level, near the June low, as a downside scenario. It is not a confirmed target, and reaching it would not prove that a durable bottom had formed.
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What would improve the near-term outlook?
The chart analysis points to reclaiming and holding above the channel boundary, with $0.23 as a nearer reference and $0.255-$0.259 as a larger resistance zone. The chart’s date is unknown, so those levels may not reflect current market conditions.
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Do Cardano upgrades guarantee an ADA recovery?
No. Network development can broaden a blockchain’s capabilities, but it does not establish token demand or determine the price on its own.
The key question is not whether $0.138 looks precise on a chart. It’s whether ADA’s price data confirms a sustained break below support, and whether the chart being discussed is current and accurately attributed. Without that verification, the “final flush” remains a scenario, not a dependable forecast. For broader context, comparisons with Bitcoin’s support levels do not verify this ADA chart.
Related Cardano coverage has also examined ADA surging to $0.30 and whether a Cardano price surge alongside Bitcoin’s peak would signal a lasting trend or speculative excess.
