Check out the Latest Analysis of Cardano (ADA) Price that Shocked the Market! (10/20/25)

Updated
October 20, 2025
Gambar Check out the Latest Analysis of Cardano (ADA) Price that Shocked the Market! (10/20/25)

Jakarta, Pintu News – Cardano has shown an increase of almost 4% since yesterday, despite a decline of 1.1% in the past week. This price movement has caught the attention of market participants who continue to observe fluctuations in the value of this cryptocurrency. On the hourly chart, Cardano (ADA) is seen rising after breaking through local resistance at $0.6462.

If the daily candle close above this value is confirmed, there is a possibility that the price will try to reach the $0.67 to $0.68 range in the near future. However, the low trading volume suggests that the likelihood of high volatility is still limited, making sideways trading around the current price a more likely scenario.

Short-term Technical Analysis

On the hourly chart, it is clear that Cardano (ADA) is in an uptrend after successfully breaking the mentioned resistance. This success opens up opportunities for traders to observe further upside potential. However, keep in mind that a close above $0.6462 is key to ensuring the continuation of this positive trend.

Should this trend continue, the next possible target is in the range of $0.67 to $0.68. However, as trading volumes are still low, market participants should remain alert to possible sudden changes that could occur if there is a significant event in the crypto market globally.

Also Read: 5 Reasons Why Avalanche (AVAX) Price Exploded in Q4 & is in the Crypto Whale Spotlight!

Long-term Perspective

From a long-term perspective, Cardano (ADA) is still showing growth after bouncing off support at $0.6092. Nonetheless, the absence of significant trading volume signals that the strength of both buyers and sellers has not yet fully manifested. This indicates that the market may not be ready for a major move in the near future.

The absence of clear reversal signals at this point suggests that the price of Cardano (ADA) is still stable. This stability, while perhaps unappealing to speculators, provides an opportunity for long-term investors to conduct a more in-depth evaluation of their positions without the pressure of extreme price fluctuations.

Conclusion: What to Expect from Cardano (ADA)?

Given current market conditions and available data, sideways trading with small fluctuations is likely to continue for Cardano (ADA). This may not be the most encouraging news for traders looking for quick profits, but for investors who prefer stability may find this as an opportunity to strengthen their positions.

In conclusion, although there is some potential for short-term price increases, factors such as low trading volumes and the absence of strong reversal signals suggest that we probably won’t see significant changes in Cardano (ADA) prices in the near future. Investors are advised to remain vigilant and follow market developments to make informed decisions.

Also Read: ChatGPT Prediction: XRP, DOGE & PEPE could hit an all-time high by the end of 2025!

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.

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