Cardano Price Prediction: Onchain Data Shows ADA Holders Backing This New Crypto Presale In October

Cardano Price Prediction

Cardano price is back in focus as blockchain data reveals a surprising shift, with large ADA holders now funneling capital into a new crypto presale.

ADA's top holder base may be hedging into emerging utility plays, signaling a shift from pure token holding to early stage crypto investment with asymmetric upside.

Cardano is trading in the $0.83 to $0.87 range with bulls making a stand at that range. Technical setups imply that ADA has constructed a bear-trap area between $0.75 and $0.78.

This range is acting as a trap for sellers and it is expected that buyers may force a breakout. If that is the case, there is room for ADA to retest $0.95 to $1.18 resistance.

Cardano price forecasts are mixed. Some models peg ADA's 2025 average near $0.94, with highs approaching $1.

Author's summary: Cardano price prediction shows a potential breakout.

more

Blockonomi Blockonomi — 2025-10-11