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Cardano Price Prediction: ETF Approval Odds Hit 91%, Analysts Weigh Impact


by Parshwa Turakhiya
for CoinEdition
Cardano-ADA-Price-Prediction-Analysis
  • Cardano price today trades near $0.798, consolidating below $0.83–$0.85 resistance reinforced by EMA and Fibonacci levels.
  • Prediction markets assign a 91% chance of U.S. Cardano ETF approval by October 26, fueling optimism.
  • Open interest rises to $1.41B with long/short ratios skewed bullish, but subdued options activity signals caution.

Cardano price today is trading near $0.798, attempting to recover after last week’s slide below the $0.81–$0.83 support band. Buyers are defending the $0.78 zone, but the market remains trapped below key short-term moving averages. 

The focus now shifts to whether ADA can reclaim $0.83–$0.85, a resistance cluster reinforced by the 50-day EMA and Fibonacci confluence.

Cardano Price Struggles At Resistance

ADA Technical Analysis (Source: TradingView)

The 4-hour chart shows ADA consolidating between $0.78 and $0.83 aft…

Read The Full Article Cardano Price Prediction: ETF Approval Odds Hit 91%, Analysts Weigh Impact On Coin Edition.

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Solana Price Prediction: Bulls Hold $222 Support as Derivatives Activity Soars

Solana Price Prediction: Bulls Hold $222 Support as Derivatives Activity Soars

Solana has staged a strong comeback following its sharp correction, with the price st...
Cardano Price Prediction: ADA Eyes $0.95 Amid Strong Support Levels

Cardano Price Prediction: ADA Eyes $0.95 Amid Strong Support Levels

Cardano (ADA) has entered a recovery phase after a sharp pullback, trading around $0....

Cardano Price Prediction: ETF Approval Odds Hit 91%, Analysts Weigh Impact


by Parshwa Turakhiya
for CoinEdition
Cardano-ADA-Price-Prediction-Analysis
  • Cardano price today trades near $0.798, consolidating below $0.83–$0.85 resistance reinforced by EMA and Fibonacci levels.
  • Prediction markets assign a 91% chance of U.S. Cardano ETF approval by October 26, fueling optimism.
  • Open interest rises to $1.41B with long/short ratios skewed bullish, but subdued options activity signals caution.

Cardano price today is trading near $0.798, attempting to recover after last week’s slide below the $0.81–$0.83 support band. Buyers are defending the $0.78 zone, but the market remains trapped below key short-term moving averages. 

The focus now shifts to whether ADA can reclaim $0.83–$0.85, a resistance cluster reinforced by the 50-day EMA and Fibonacci confluence.

Cardano Price Struggles At Resistance

ADA Technical Analysis (Source: TradingView)

The 4-hour chart shows ADA consolidating between $0.78 and $0.83 aft…

Read The Full Article Cardano Price Prediction: ETF Approval Odds Hit 91%, Analysts Weigh Impact On Coin Edition.

Read the article at CoinEdition

Read More

Solana Price Prediction: Bulls Hold $222 Support as Derivatives Activity Soars

Solana Price Prediction: Bulls Hold $222 Support as Derivatives Activity Soars

Solana has staged a strong comeback following its sharp correction, with the price st...
Cardano Price Prediction: ADA Eyes $0.95 Amid Strong Support Levels

Cardano Price Prediction: ADA Eyes $0.95 Amid Strong Support Levels

Cardano (ADA) has entered a recovery phase after a sharp pullback, trading around $0....