Cardano price is holding steady near key support levels as participants weigh whether the next move will confirm a breakout or expose fresh downside risks.
Cardano has been quietly gaining momentum while broader crypto markets show mixed signals. Recent news, stronger fundamentals, and encouraging technical setups have put ADA back on the radar. The question now is whether these developments can translate into a sustained rally as the year heads towards its final quarter.
eToro Staking Expansion Boosts Cardano Price Narrative
TapTools reported that eToro is launching Cardano staking in the U.S., potentially reaching more than 40 million users. This move expands ADA’s accessibility to a massive investor base and positions it strongly for increased adoption.
The news has already sparked optimism across the community, as staking has historically supported demand by reducing the liquid supply. If user participation scales, ADA could see more stable inflows, reinforcing the bullish side of the story.
Cardano Price Prediction: Holding the Bull Market Support Band
Investor Jordan highlighted ADA’s resilience, pointing out that the token has been grinding higher throughout the year while holding its bull market support band on the weekly chart. According to his analysis, this consistent defense suggests a structurally healthy trend.
Cardano price continues to defend its bull market support band. Source: Investor Jordan via X
Jordan even suggested ADA could set new all-time highs before year-end if the support band continues to act as a base. For participants, this makes the $0.75 to $0.80 zone critical to watch on both a technical and psychological level.
Market View: Cardano Still Undervalued
WhaleFUD kept the discussion simple but impactful, stating that Cardano remains “highly undervalued.” This perspective aligns with long-term investors who argue that ADA’s ecosystem growth and consistent developer activity have not been fully priced in by the market.
Cardano’s long-term fundamentals and developer growth fuel the argument that ADA remains undervalued despite short-term market swings. Source: WhaleFUD via X
While such claims lean more on narrative than technical charts, they do highlight an important angle: Cardano’s fundamental story is stronger than what short-term market moves may suggest.
Cardano Price Outlook: $0.80 in Sight
Cardano price is trading within an upward channel that points towards a potential move back above $0.80. The chart emphasizes clean support and resistance interactions, making the channel boundaries key to watch in the days ahead.
Cardano price trades within an upward channel, with $0.82–$0.85 marked as the next checkpoints if bullish momentum continues. Source: Jesse Peralta via X
Jesse Peralta shared a more chart-driven take, showing that, if ADA holds its lower trendline, the next leg could target $0.82 to $0.85 as early checkpoints, with further extension possible if momentum builds. Peralta’s analysis underscores how ADA continues to respect its technical levels, a positive sign for bulls.
Indicators Point Towards Rebound Potential
ADA’s Ichimoku Cloud setup, which shows price attempting to push back above short-term resistance. The Tenkan-Sen and Kijun-Sen lines suggest ADA is entering a battle zone, while the RSI remains neutral after cooling from overbought territory.
Cardano’s Ichimoku Cloud signals show a potential bullish cross forming. Source: cryptochiefss via X
The cloud projection hints at a possible bullish cross if momentum continues. For ADA, reclaiming $0.82 would shift bias more firmly in favor of buyers, while staying below $0.78 risks prolonging sideways action.
Final Thoughts
Cardano’s current outlook is a blend of encouraging fundamentals and cautious optimism from technical charts. eToro’s staking launch is a strong adoption catalyst, while analysts highlight support bands and bullish channels that could guide ADA higher.
The key zones to monitor remain $0.78 to $0.82 on the upside and $0.75 on the downside. A decisive move above resistance could ignite a run towards $0.90 or even challenge $1.00, while failure risks consolidating back into lower ranges.
Overall, Cardano Price Prediction remains constructive. With both technical and narrative drivers aligning, Cardano’s next breakout attempt could define how it closes the year, and whether it finally returns to the spotlight with fresh highs.