The post Cardano Price Prediction: $4 In The Works? appeared on BitcoinEthereumNews.com.

On October 12, 2025, Cardano (ADA) price fell sharply across major exchanges. The slide pulled the token below short-term trend averages and key intraday areas. This report referenced chart levels at the time of writing. All values appeared as rounded figures. Cardano Price Tested Resistance After a Sharp Intraday Drop Sellers drove ADA price lower during the session and forced a quick reassessment. The move broke beneath clustered short-term moving averages on several time frames. A moving average shows the average closing price over a set period. Traders used it to identify trend direction and potential support or resistance. After the break, traders searched for nearby retracement levels to gauge strength. The zone between $0.67 and $0.70 served as first resistance to reclaim. A stronger ceiling sat near $0.75, where prior attempts stalled. A firm close above that mark would have signaled improving momentum. Traders also tracked where volume concentrated during earlier consolidations. That area clustered around $0.58 to $0.55 and marked the next support band. A clean rebound from that band would have hinted at base building. Failure there would have exposed lower pockets from past ranges. Price action shaped a binary setup for short-term participants. Either buyers reclaimed resistance and stabilized the range, or sellers pressed lower. The structure on higher time frames still looked orderly, not broken. The weekly chart continued to show a broad sideways-to-up bias. Liquidity shifted around prior swing highs and lows during the session. That behavior often accompanied shakeouts that reset positioning before trend decisions. Analysts’ Views and Sentiment After the Pullback Analyst Sssebi said the pullback looked temporary in posts on X. He noted a potential rebound path toward around $0.80 within weeks. Community voices cited ongoing development as a supportive factor. Participants pointed to progress on scaling efforts such as Hydra…

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Filed under: News - @ October 13, 2025 4:27 am