Cardano price forecast: will ADA breakout or decline further from here?

  • Cardano (ADA) may rebound if it breaks resistance near $0.31–$0.35.
  • Leios upgrade aims to boost Cardano’s speed, security, and decentralisation.
  • CME futures launch adds regulated institutional exposure to ADA.

Cardano (ADA) has struggled to regain momentum over the past year.

Currently, ADA is trading at $0.2635, with a slight 0.7% increase in the last 24 hours.

The 24-hour range spans from $0.2611 to $0.2723, reflecting modest intraday volatility.

Over the last seven days, ADA has lost about 11%, and its one-year performance remains down 62.4%.

Despite the persistent bear market, Cardano’s trading volumes over 24 hours remain significantly high at $407.8 million, indicating that the token continues to see active trading.

Market catalysts and institutional support

Cardano’s broader market outlook is influenced by the upcoming layer-1 upgrade dubbed Ouroboros Leios.

The Ouroboros Leios upgrade, confirmed at a Tokyo community event on the Midnight Japan Tour by Input Output’s Michael Smolenski and Cardano founder Charles Hoskinson, is expected to improve scalability, security, and decentralisation.

Leios will introduce parallel block processing to increase transaction throughput dramatically.

If successful, this upgrade could address the blockchain trilemma and attract more developers and users to the network.

On the institutional front, the CME Group recently launched ADA futures, including standard and micro contracts.

These futures provide regulated exposure to Cardano for professional traders and investors.

The addition of micro contracts lowers the entry barrier and may boost liquidity in the short to medium term.

Historical price data also provides context.

ADA’s all-time high was $3.09 in September 2021, while its all-time low of $0.01925 in March 2020 demonstrates the token’s extreme volatility.

Despite its current decline, ADA has grown by over 1,200% from its lowest point, showing long-term resilience.

Cardano technical outlook

From a technical standpoint, ADA faces key resistance around $0.28 to $0.31, which could define the short-term trajectory.

The Relative Strength Index (RSI) is near 33, suggesting the token is approaching oversold conditions.

The Moving Average Convergence Divergence (MACD) indicator also shows bearish momentum, although the potential for reversal exists if buyers step in.

Cardano price analysis
Cardano price market | Source: TradingView

Bollinger Bands indicate that the price is near the lower range, hinting at some room for a bounce.

On the upside, a recovery above $0.31 could open the path toward $0.35, while a failure to hold support near $0.25–$0.26 may push ADA lower.

Analysts note that an inverse head-and-shoulders pattern may be forming, signalling a potential trend reversal.

They highlight that a breakout above $0.275–$0.28 could target $0.346, representing roughly a 30% upside from current levels if the selling pressure continues to ease and trading volume confirms the move.

Ultimately, ADA’s next move will depend on whether buyers gain confidence and push the token above resistance.

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ASTER jumps 9% above $0.60 as traders eye breakout toward $1 target

  • Aster traded to highs of $0.65 amid a 9% uptick in 24 hours.
  • The bounce from lows of $0.43 on February 5, 2026, could extend amid a retest of key levels.
  • Risks of a downturn remain as Bitcoin and Ethereum struggle.

ASTER is among the top-gaining altcoins on the day, as its price surges by nearly 9% to extend its upside movement above $0.60.

The token, native to the innovative decentralized exchange platform Aster, is showing this renewed strength amid broader market weakness.

On Tuesday, as Bitcoin and Ethereum held around $68,000 and $2,000, respectively, Aster jumped to intraday highs of $0.65.

A potential upside continuation as traders target more gains is shaping up, although overall sentiment means that profit-taking might still be a factor.

Aster price posts 9% bounce

The crypto market has significantly flipped bearish since the downturn that smashed bulls’ optimistic outlook on October 10, 2025.

In the latest extension of that negative sway, Aster’s price fell to lows of $0.43, with losses mirroring the sharp sell-off to $60k for BTC and $1,740 for ETH.

However, just as BTC bounced to $70k, the altcoin regained some upside momentum and surged to $0.60.

Bulls have held above this level in the past two days, having tested $0.65 on three occasions in the time frame.

ASTER recorded nearly 9% in 24-hour gains, cutting losses over the past week and now trades in the green over this period.

While the bounce aligns with a slight shift in broader sentiment, the dip in trading volume means buyers have not stepped in forcefully.

If the platform’s recent launch of 0% maker fees across all markets draws significant liquidity and user interest, bulls could seize control.

ASTER price forecast

On the one side, a potential pump to $1.30 looms, and on the other, a failure to solidify gains could spell danger.

For bulls, the daily chart reveals a falling wedge breakout, a bullish pattern signaling potential reversal as price compresses and escapes upward resistance.

Key oscillators also remain neutral but lean toward buy signals.

The daily RSI hovers around 53 and is upsloping. However, it is well off overbought conditions.

Meanwhile, the Commodity Channel Index and Average Directional Index both show neutral readings, while the MACD hints at a buy move as the histogram ticks positive with expanding bias.

Aster Price Chart
Aster price chart by TradingView

This setup positions ASTER for a possible short-term pump, with primary supply zones at $0.80 and $0.95.

Breaking to $1 will bring the $1.22 to $1.30 range into view as the next target, which is the top of the projected wedge pattern from November 2025.

With risks of a pullback in play, key levels to watch include $0.54 and $0.46.

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Ondo price forecast: risks remain despite gains to $0.30

  • Ondo price hovered near $0.24, down around 6%.
  • If there’s a breakout, ONDO could target $0.45 in the near term.
  • ONDO could dive below $0.20 if bulls fail to hold onto gains.

The ONDO token climbed to nearly $0.30 as improving sentiment lifted much of the altcoin market, including the real-world asset tokenisation project.

However, selling pressure emerged near a key resistance level, with the price down about 6% over the past 24 hours at the time of writing on Monday, February 9, 2026.

As a result, despite a mildly constructive technical setup, a deeper pullback could undermine near-term upside momentum and weigh further on the price of ONDO.

Ondo price recap: bounce hits supply wall

Like several major altcoins, ONDO rebounded from the $0.20 level as cryptocurrencies recovered from the sell-off on February 5.

However, buying momentum weakened near $0.27, where selling pressure held over the weekend, establishing the area as a strong supply zone.

On Monday, the token moved lower again, falling about 6% to trade just above $0.24.

The decline was accompanied by an 8% rise in trading volume, pointing to continued seller dominance.

The weakness has come as Bitcoin struggles to regain traction around the $70,000 level, with broader market sentiment remaining negative.

On-chain data across the sector indicates sustained selling from early investors and large holders.

ONDO remains under pressure and is down about 14% over the past week, in line with similar declines across RWA-related tokens.

Ondo price outlook: up or risk of fresh pain?

The broader outlook for ONDO continues to reflect a balance between technical factors and wider macroeconomic pressures.

Signals on the daily chart are mixed. The relative strength index (RSI) is near 32 and trending lower, indicating scope for a deeper move into oversold territory.

At the same time, the Moving Average Convergence Divergence (MACD) is pointing to a potential bullish crossover, with the histogram showing easing downside momentum.

One notable feature on the higher-timeframe chart is a tightening falling wedge visible on the weekly timeframe.

The pattern currently leans in favour of bulls, with price action tracking close to the upper trend line.

ONDO has largely consolidated within this structure through much of 2026 and has repeatedly rebounded from the lower boundary, reinforcing the pattern’s significance.

Ondo Price Chart
Ondo price chart by TradingView

If a breakout materialises, ONDO could target the $0.45 level in the near term, with scope to extend toward $0.70 if momentum strengthens.

However, downside risks remain elevated.

The broader cryptocurrency market continues to trade weakly, with Bitcoin struggling below $69,000 and Ethereum facing repeated rejection near $2,000.

Sentiment remains fragile, with the CoinMarketCap Crypto Fear and Greed Index at 9, firmly in extreme fear territory.

High liquidation activity, exceeding $344 million over the past 24 hours, also points to continued market stress.

If ONDO fails to hold support at $0.21, analysts warn that a pullback toward the $0.17 level could follow.

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WLFI price outlook as bulls target key resistance at $0.14

  • World Liberty Financial’s price traded to highs of $0.1145 in the early hours on Monday.
  • The WLFI token could break to $0.14 or higher if bulls hold.
  • Broader market conditions may derail the momentum.

WLFI, the native token of the World Liberty Financial project, posted double-digit gains early on Monday, rebounding from losses that saw prices slide to lows near $0.09 on Friday.

Data from CoinMarketCap showed WLFI climbing more than 12% to intraday highs of $0.1145, placing it among the day’s top performers alongside Axie Infinity.

The rally was supported by a sharp rise in trading activity, with 24-hour volume surging 98% to more than $228 million.

The move also coincided with Bitcoin and Ethereum hovering near $70,000 and $2,000, respectively.

The rebound suggests the token is attempting to recover quickly from the lows recorded during last week’s broader market sell-off.

WLFI price jumps to near $0.12

WLFI’s upward momentum propelled the token close to $0.12, with likely bullish drivers being a confluence of whale accumulation and an upcoming high-profile event.

Blockchain analytics firm Lookonchain reported that a new wallet had deployed $10 million in USDC to acquire 47.6 million WLFI tokens.

The large purchase was at an average price of $0.109, and data showed the whale still held more than $4.8 million of dry powder ready for fresh buying.

Adding to the bullish sentiment is the anticipation surrounding the World Liberty Forum.

The event is slated for February 18 at Mar-a-Lago, and could feature investment heavyweights from Goldman Sachs, Franklin Templeton, and FIFA.

These developments come despite the latest spotlight on World Liberty Financial from Democrats, largely around the $500 million investment into the project by the UAE.

Investors defying the negative sentiment from this development look to have added to the buying pressure that pushed WLFI toward the $0.12 supply wall.

World Liberty Financial price prediction

Technical indicators on WLFI’s four-hour chart point to a strengthening near-term outlook, with prices trading above the midline of a descending channel.

Further upside could see the token test the upper boundary of the channel.

From a technical perspective, this setup suggests the potential for a breakout, with a key supply zone located around $0.14.

WLFI Price Chart
WLFI price chart by TradingView

Momentum indicators are also supportive. The Moving Average Convergence Divergence (MACD) has registered a bullish crossover, while the Relative Strength Index (RSI) is hovering near 47, indicating neutral-to-bullish conditions as the market recovers from earlier overbought levels.

Traders are now focused on $0.14 as the main resistance level.

A sustained move above this zone could open the way toward $0.16, where the upper Bollinger Band and previous support levels converge.

On the downside, a failure to hold support near $0.13 could trigger a pullback toward the lower end of the channel, around $0.10, underscoring the importance of strong volume confirmation for any further upside move.

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Axie Infinity price jumps 15% after bounce, dead cat bounce risk remains

  • AXS jumps over 15% after bouncing off $1.20 support amid rising trading activity.
  • bAXS rollout and higher volume fuel rally, but broader market sentiment stays weak.
  • Failure above $1.60 may signal a dead cat bounce, with downside risk toward $0.80.

Gaming token Axie Infinity is up by more than 15% in the past 24 hours as bulls show a notable bounce off the $1.20 support level.

The AXS price ticked up amid heightened trader activity, with the intraday surge pushing the cryptocurrency towards the top 100 by market capitalization.

However, with sentiment across the market still fragile, the big question is whether the upward move signals renewed bullish momentum or merely a fleeting “dead cat bounce”.

Why is Axie Infinity price up today?

AXS is among the top altcoin gainers with double-digit advances on February 9, 2026, posting gains that outpace all top 10 coins by market cap.

This outperformance coincides with Bitcoin’s steady hold above $70,000, bolstered by fresh institutional buying such as Binance’s acquisition of 4,225 BTC as it looks to convert its $1 billion SAFU Fund into BTC.

While the buying, much like Strategy’s (formerly known as MicoStrategy) BTC purchase over the past weeks, has not triggered bulls, stability has benefited small altcoins.

Notably, trader interest in AXS has also spiked following recent announcements from Sky Mavis, the developer behind Axie Infinity, regarding the rollout of bAXS.

The token offers in-ecosystem utility as well as staking and gameplay rewards, and bulls have shown excitement since the news.

Axie Infinity price outlook: Momentum or dead cat bounce?

AXS recently surged to highs near $3 earlier in the year, before plummeting sharply amid last week’s market bloodbath.

The intraday gains of over 15% has therefore emboldened bulls, who targeted strength above $1.50.

Accompanied by a 250% spike in trading volume, AXS rose to above $1.56 as of writing.

The 4-hour chart shows a potential falling wedge breakout, with the RSI and MACD signaling room for more gains.

Axie Infinity Price Chart
Axie Infinity price chart by TradingView

However, the broader crypto market remains mired in bearish sentiment.

Weakness, despite the impending bAXS airdrop, also saw bears retest the downtrend line from above $4.54.

Losses may mean fleeting gains or what analysts call a “dead cat bounce” scenario.

The outlook of the RSI on the 4-hour chart suggests fresh selling may strengthen this prospect.

In this case, a breakdown below the pivotal $1.20 support could accelerate downside momentum, potentially driving AXS toward lows of $0.80.

Prior accumulation zones sit here and might offer relief.

On the downside, a decisive close above $1.60 could invalidate the short-term bearish setup and allow buyers to test horizontal resistance near $3.00.

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