Cardano Price Prediction: Hoskinson Says ‘Attack Failed’ As ADA Breaks Key Support Zone

• Cardano trades near $0.398 after losing the multi-month $0.52 support zone that anchored the structure.
• Spot outflows continue, with $2.5M leaving exchanges as sellers dominate while ADA tests its long-term trendline.
• Hoskinson says the “attack failed” after network turbulence, but the chart shows momentum still favoring a deeper downside toward $0.38–$0.32.

Cardano price today trades near $0.398 after breaking below a multi-month support zone. The drop pushes ADA into a critical test along the ascending long-term trendline as sellers continue to pressure the market following a spike in negative spot flows and broader risk weakness.

Buyers Lose Key Weekly Support

On the weekly chart, ADA has decisively lost the horizontal support near $0.52, a level that acted as a floor multiple times during the past year. The current candle has expanded through that rang…

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