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Is $1.32 the Next Target on the Cardano Price Chart?


by Yash Jain
for Coinpedia
Why is Cardano Price Up Today?

The post Is $1.32 the Next Target on the Cardano Price Chart? appeared first on Coinpedia Fintech News

The Cardano price has staged a strong rebound from recent lows, with technical strength aligning with fresh institutional and ecosystem developments. 

Trading at $0.85, ADA is gaining traction as ETF inclusion, whale activity, and Brave’s integration provide new momentum for the network’s next breakout phase.

Cardano Price Rebounds From Key Support

After dipping toward $0.75, Cardano price has bounced from a critical support level that aligns with the 200-day EMA and the lower boundary of a symmetrical triangle pattern. 

ADA has since pierced the 50-day EMA band and is holding above it, signaling a potential to retest the pattern’s upper border.

Is $1.32 the Next Target on the Cardano Price Chart?

From a technical view, ADA price USD faces resistance at $0.96. A break above this level could open the door for a move toward $1.20, while further strength could validate a push to $1.32. 

Conversely, slipping under $0.80 would likely delay this scenario, keeping the Cardano price chart in consolidation.

ETF Inclusion Expands Institutional Access

Today, Cardano is the subject of discussion mainly because of the Optimism surrounding ADA, which has been fueled by news that Hashdex has added Cardano to its Nasdaq Crypto Index U.S. ETF through an SEC filing. 

This move places Cardano alongside Bitcoin, Ethereum, Solana, XRP, and Stellar within a regulated investment product.

The inclusion demonstrates that ADA meets U.S. regulatory benchmarks, expanding its visibility to risk-averse institutional investors. 

By being part of a regulated ETF, ADA crypto gains access to capital inflows from funds and investment firms that traditionally avoid unregulated markets.

Whale Accumulation Signals Renewed Confidence

Beyond institutional recognition, whale activity has also provided a notable boost. Large holders accumulated over 70 million ADA in a single week, reinforcing bullish sentiment. 

Such accumulation historically precedes price strength, as large investors tend to accumulate before major market shifts.

This buying spree adds another layer to the ADA price prediction, supporting expectations of a breakout if resistance levels are cleared.

Brave Integration Unlocks 100M Potential Users

In parallel, the Brave browser has integrated Cardano into its native wallet, giving more than 100 million users direct access to the network. 

This integration allows users not only to store and transfer ADA but also to participate in on-chain governance and ecosystem projects.

This mainstream visibility strengthens the ADA price forecast, highlighting the token’s growing adoption across both institutional and retail channels. Combined with technical signals, this adoption wave suggests ADA is preparing for its next move upward.

Read the article at Coinpedia

Read More

Chainlink Price Climbs as Strategic Reserve Hits $9.3M, ETF Hopes Build

Chainlink Price Climbs as Strategic Reserve Hits $9.3M, ETF Hopes Build

The post Chainlink Price Climbs as Strategic Reserve Hits $9.3M, ETF Hopes Build appe...
LINK Price Eyes Recovery as Reserves Grow and ETF Speculation Builds

LINK Price Eyes Recovery as Reserves Grow and ETF Speculation Builds

The post LINK Price Eyes Recovery as Reserves Grow and ETF Speculation Builds appeare...

Is $1.32 the Next Target on the Cardano Price Chart?


by Yash Jain
for Coinpedia
Why is Cardano Price Up Today?

The post Is $1.32 the Next Target on the Cardano Price Chart? appeared first on Coinpedia Fintech News

The Cardano price has staged a strong rebound from recent lows, with technical strength aligning with fresh institutional and ecosystem developments. 

Trading at $0.85, ADA is gaining traction as ETF inclusion, whale activity, and Brave’s integration provide new momentum for the network’s next breakout phase.

Cardano Price Rebounds From Key Support

After dipping toward $0.75, Cardano price has bounced from a critical support level that aligns with the 200-day EMA and the lower boundary of a symmetrical triangle pattern. 

ADA has since pierced the 50-day EMA band and is holding above it, signaling a potential to retest the pattern’s upper border.

Is $1.32 the Next Target on the Cardano Price Chart?

From a technical view, ADA price USD faces resistance at $0.96. A break above this level could open the door for a move toward $1.20, while further strength could validate a push to $1.32. 

Conversely, slipping under $0.80 would likely delay this scenario, keeping the Cardano price chart in consolidation.

ETF Inclusion Expands Institutional Access

Today, Cardano is the subject of discussion mainly because of the Optimism surrounding ADA, which has been fueled by news that Hashdex has added Cardano to its Nasdaq Crypto Index U.S. ETF through an SEC filing. 

This move places Cardano alongside Bitcoin, Ethereum, Solana, XRP, and Stellar within a regulated investment product.

The inclusion demonstrates that ADA meets U.S. regulatory benchmarks, expanding its visibility to risk-averse institutional investors. 

By being part of a regulated ETF, ADA crypto gains access to capital inflows from funds and investment firms that traditionally avoid unregulated markets.

Whale Accumulation Signals Renewed Confidence

Beyond institutional recognition, whale activity has also provided a notable boost. Large holders accumulated over 70 million ADA in a single week, reinforcing bullish sentiment. 

Such accumulation historically precedes price strength, as large investors tend to accumulate before major market shifts.

This buying spree adds another layer to the ADA price prediction, supporting expectations of a breakout if resistance levels are cleared.

Brave Integration Unlocks 100M Potential Users

In parallel, the Brave browser has integrated Cardano into its native wallet, giving more than 100 million users direct access to the network. 

This integration allows users not only to store and transfer ADA but also to participate in on-chain governance and ecosystem projects.

This mainstream visibility strengthens the ADA price forecast, highlighting the token’s growing adoption across both institutional and retail channels. Combined with technical signals, this adoption wave suggests ADA is preparing for its next move upward.

Read the article at Coinpedia

Read More

Chainlink Price Climbs as Strategic Reserve Hits $9.3M, ETF Hopes Build

Chainlink Price Climbs as Strategic Reserve Hits $9.3M, ETF Hopes Build

The post Chainlink Price Climbs as Strategic Reserve Hits $9.3M, ETF Hopes Build appe...
LINK Price Eyes Recovery as Reserves Grow and ETF Speculation Builds

LINK Price Eyes Recovery as Reserves Grow and ETF Speculation Builds

The post LINK Price Eyes Recovery as Reserves Grow and ETF Speculation Builds appeare...