Cardano’s price has struggled to maintain momentum near $0.37, facing repeated setbacks. NS3.AI’s assessment suggests that the cryptocurrency’s near-term bullish momentum remains weak, underscoring a cautious stance for traders.

This subdued momentum environment suggests traders may wait for clearer catalysts before taking on new risk. If the price fails to gain traction, Cardano could continue oscillating around the current support, amplifying caution across the market. Investors should monitor momentum signals closely, as any sustained move beyond the $0.37 level could shift the near-term outlook, while renewed weakness could test key support.

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