Cardano Price Prediction: ADA Consolidates Near $0.80 as Market Awaits Next Big Move
The post Cardano Price Prediction: ADA Consolidates Near $0.80 as Market Awaits Next Big Move appeared on BitcoinEthereumNews.com.
Cardano price is holding firm near key support around $0.80, with participants eyeing whether the next move could spark a push towards the $3.00 mark. After getting close to the $1.00 mark, Cardano price has pulled back into a correction, testing the strength of its support levels. The retracement, however, hasn’t shaken long-term sentiment. Cardano Price Outlook: Support Holding, Upside in Sight Cardano price reflects a steady base forming at demand, hinting that sellers may be running out of steam. The structure reflects a familiar rhythm from past cycles where ADA has consolidated for extended periods before breaking higher. The moving averages are flattening, which often signals that sellers are losing momentum while buyers are beginning to step in more confidently. Cardano price holds firm at key demand levels, signaling potential breakout momentum as buyers start to regain control. Source: Maelius via X If such conditions continue, the setup opens room for ADA to push higher, with the green arrow projection hinting at a potential breakout move. The key will be defending the base formed around the current demand zone; losing that would invalidate the bullish case, but holding it keeps upside targets towards $1.50 to $2.00 within reach. ETF Trigger Aligning with Technical Outlook The approval of the Hashdex Nasdaq Crypto Index U.S. ETF marks another important step for broader crypto adoption, and Cardano is included among the assets it will hold. Alongside Bitcoin, Ethereum, Solana, and XRP, ADA’s presence in this index highlights its recognition as a major network with long-term relevance. While Bitcoin and Ethereum dominate the weighting, Cardano’s inclusion ensures that institutional exposure now extends to its ecosystem. Cardano joins the Hashdex Nasdaq ETF, reinforcing its credibility and long-term market relevance. Source: Cardanians via X From a market perspective, this kind of ETF listing often adds…
Filed under: News - @ September 26, 2025 4:29 am