Cardano Defies Gravity as Key Resistance Nears Breakout

Cardano's ADA isn't just holding ground—it's charging toward a make-or-break technical threshold that could send it soaring or leave bagholders sweating. Here's why traders are glued to their charts.

The bullish case: Network upgrades and surging staking yields have turned ADA into a 'smart contract dark horse' while Ethereum struggles with gas fees. Even Wall Street's latecomers are starting to nod approvingly.

The catch: Every crypto 'sure thing' since 2017 has burned someone—usually retail investors who FOMO in after CNBC mentions it. Cardano's academic rigor won't matter if Bitcoin decides to take another 30% dive tomorrow.

One thing's certain: the charts smell blood. Whether it's bulls or bears feeding next depends on whether ADA can smash through that resistance level like a caffeinated institutional trader at market open.

$155, Stellar, and Cardano$0.673697—keeps Optimism alive for the altcoin. The approval process is expected to conclude on November 2, 2025, raising questions about whether ETF-related demand could drive ADA’s price upward once more.

ContentsADA Coin’s Stability Around the Critical $0.65 RangeNasdaq’s Application Could Shine Spotlight on CardanoTechnical Indicators as Key Determinants for Short-term Direction

ADA Coin’s Stability Around the Critical $0.65 Range

Over the past week, ADA coin managed to uphold the lower band of a rising parallel channel, reinforcing buyers’ defense line with closures above $0.635. In the current market fluctuation, the 50 and 200-day moving averages serve as local resistance and support, respectively. A slight potential for a “Golden Cross” emerges due to these levels. Significant buying orders remain concentrated around $0.65, suggesting a possibility for short-term recovery if this region does not break downward.

However, the Relative Strength Index (RSI) dipping below the rising trend line twice in succession indicates a loss of rally momentum. If selling pressure further weakens the RSI and the price drops below $0.635, analysts point to a secondary defense line at $0.60. Conversely, if ADA gains momentum towards $0.70, the medium-term possibility of reaching the $0.77-$0.80 range becomes conceivable, although a sustainable breakout is necessary to avoid limitations to growth.

Nasdaq’s Application Could Shine Spotlight on Cardano

Nasdaq announced in its Form 8-K filing to the SEC its intention to expand the cryptocurrency reference index from five to nine assets, including Cardano. This expansion provides significant altcoins like ADA with a corporate showcase while the spot ETF approval still awaits the SEC’s decision. Market participants anticipate the SEC’s ruling on November 2, 2025, as they prepare for potential capital influx.

This development marks a crucial point for altcoins to reach broader audiences. ADA coin investors interpret the index’s structural change as an indicator of long-term adoption. Nonetheless, as regulatory uncertainties persist, the coin’s price is expected to continue fluctuating.

Technical Indicators as Key Determinants for Short-term Direction

While market sentiment keeps ADA in a narrow range, analysts note how dipping below $0.65 might embolden sellers. Conversely, a potential crossover between the 50 and 200-day averages might instill confidence among buyers. The strong possibility of profit-taking remains unless the $0.77-$0.80 range is confidently surpassed in the short term.

Besides RSI weakening, a lackluster trading volume underscores the restricted ambition for a price hike. Investors maintain a cautious stance, especially without sustained closures above $0.70. All technical signals suggest ADA requires either a significant volume surge or closure below critical support to clarify the price’s definitive trajectory.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.