Cardano

TOLY’S DOG

TL;DR
<ul>
 <li>One famous analyst highlighted $0.80 as a crucial support level that ADA must hold.</li>
 <li>Another market observer predicts a bounce starting mid-October that could drive the asset to a new all-time high by Christmas.</li>
</ul>
<a rel="noopener noreferrer nofollow"></a>
<h2 id="did-ada-lose-its-chance">Did ADA Lose Its Chance?</h2>
It has been just over a month since Cardano’s ADA surged above $1. Since then, though, it has been on an evident decline which has even worsened in the past few days. As of this writing, the asset trades at around $0.78, representing a 15% plunge on a weekly scale.
<a href="https://x.com/ali_charts/status/1970971253017055287" target="_blank" rel="noopener noreferrer nofollow">According</a> to renowned analyst Ali Martinez, the drop below $0.80 could prove critical, potentially preventing the price from rebounding by roughly 25% to $0.95.
Earlier this month, he <a href="https://cryptopotato.com/cardano-ada-faces-key-hurdle-before-breaking-1-20/" target="_blank" rel="noopener noreferrer nofollow">revealed</a> that large investors (known as whales) have offloaded 160 million tokens in the span of just 96 hours. This adds more weight to the bearish view, as it signals diminished confidence in the asset from these market participants, which could also reflect on smaller players. In addition, such actions increase ADA’s circulating supply, potentially triggering a price decline if demand does not increase.&nbsp;
The lesser-known market observer, using the X moniker Man of Bitcoin, also <a href="https://x.com/Manofbitcoin/status/1971156911644111258" target="_blank" rel="noopener noreferrer nofollow">outlined</a> a bearish forecast. He believes the dip below $0.782 could be followed by an additional plunge to as low as $0.731.
<h2 id="span-ath-for-christmas-span">ATH for Christmas?</h2>
The X user Sssebi recently <a href="https://cryptopotato.com/cardano-ada-set-for-short-term-drop-but-ath-coming-in-december/" target="_blank" rel="noopener noreferrer nofollow">agreed</a> with the assumption that ADA can continue nosediving in the short term. However, the analyst thinks the downtrend will last only until next month and after that will be replaced by a resurgence, which could take the price to a new historical record by Christmas this year:
<blockquote>
 “Bigger drop until October and then bounce back mid-October-November. Possible new ATH at Christmas time.”
</blockquote>
Bulls should also examine ADA’s Relative Strength Index (RSI), which has recently plummeted to approximately 30. Readings around and below that level indicate that the asset’s price has declined too rapidly over a short period, suggesting it may be on the verge of a revival. On the contrary, anything above 70 is considered bearish territory.
<figure style="width: 100%" class="wp-caption aligncenter"><a rel="noopener noreferrer nofollow"><img alt="ADA RSI" width="2500" height="400"></a>
 <figcaption>
 ADA RSI, Source: CryptoWaves
 </figcaption>
</figure>
The post <a href="https://cryptopotato.com/cardano-at-a-crossroads-can-ada-still-explode-25/" rel="noopener noreferrer nofollow">Cardano at a Crossroads: Can ADA Still Explode 25%?</a> appeared first on <a href="https://cryptopotato.com/" rel="noopener noreferrer nofollow">CryptoPotato</a>.

Cardano at a Crossroads: Can ADA Still Explode 25%?

Table of Contents

CryptoPotato_News

Other articles published on Sep 25, 2025

Bitget Launches Industry-First Unified Account Covering Four Major Blockchains

Forknet Mainnet is LIVE: Revolutionizing DeFi with L2 Power and Unmatched Liquidity (25 Sep)

Shiba Inu Shows Resilience Amid Market Decline

Cloudflare Announces Launch of NET Dollar Stablecoin

India Blockchain Month 2025: Regulatory Clarity Tops Agenda in Delhi

Crypto Worth $1.12B Liquidated as Market Goes Red

Join our free newsletter for daily crypto updates!