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Cardano breaks $0.19 resistance, starts uptrend but faces short-term profit-taking risks.

Technical Signals
18 Sep 2026, 10:00 WIB
AMBCrypto
View Source
Bullish
Cardano breaks $0.19 resistance, starts uptrend but faces short-term profit-taking risks.

Cardano (ADA) has shifted from a long-term downtrend to an uptrend after breaking the $0.19 resistance in early July, with the next key resistance at $0.255. The network's integration of the x402 codebase could boost developer interest and usage, potentially supporting further gains. However, on-chain data shows short-term holders are increasingly profitable and likely to take profits, which may create selling pressure and slow the rally. Key levels to watch are $0.225, $0.258, and $0.279 for potential resistance points in the near term.

Cardano (ADA) is trading at Rp3.791 on Pluang as of Sep 18, 2026 14:21 WIB, showing a strong 1-day gain of 7.67%. The market cap stands at Rp138,95 trillion, reflecting significant investor interest. Despite this, the Pluang order activity shows a balanced sentiment with 41% selling and 59% buying, while the typical hold time is 126 days, indicating moderate-term investor confidence.

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