On-chain data reveals a surprising shift in Cardano, as large ADA holders are now investing in a new crypto presale.
While broader crypto indices show strength, the real money seems to be quietly rotating, with ADA's top holder base potentially hedging into emerging utility plays.
Cardano is trading in the $0.83 to $0.87 range, with bulls making a stand at that range and technical setups implying a bear-trap area between $0.75 and $0.78.
If buyers force a breakout, there is room for ADA to retest $0.95 to $1.18 resistance, although Cardano price forecasts are mixed, with some models pegging ADA's 2025 average near $0.94.
That kind of alignment doesn’t happen by accident, especially in October’s season of speculative breakouts.
Author's summary: Cardano price prediction shows potential breakout.