ADA to $2? Cardano’s Struggle Awakens the Crowd!

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Cardano (ADA) hovers around $0.81, a ledger of numbers as stubborn as a factory clock. Daily volume sits at about $1.4 billion, a restless crowd shuffling coins in the dim light of screens. The price has slipped in the last day, and over the past week it has fallen roughly 5 percent-a modest tumble for a market that loves drama more than bread.

In this alley of charts and forecasts, traders stare at a diagram as old as the stockyard: a symmetrical triangle that promises a larger move if the crowd bothers to look, not just blink. If prices retreat, a signpost appears at $0.69, marked like a last meal on a long week-a possible place to buy, perhaps with both hands trembling and hope shining through the fatigue.

Triangle Pattern Signals Potential Move

Crypto analyst Ali Martinez sets his chalk against the glass, a 12-hour view where ADA seems to smother itself into a triangle. The pattern began in the winter of 2024 and now nears the point where a clear move seems likely, as if some unseen clock is tapping its finger. Martinez finds the $0.69 level as a possible support, aligned with the 62% Fibonacci retracement, a ritual number in these halls.

Everything’s lining up for Cardano $ADA! $0.69 is the dip to buy before $2.

– Ali (@ali_charts) October 10, 2025

On the other side of the page, the upside prints point to $1.28, $1.58, and $1.86-each a Fibonacci extension like stairs to a rooftop you can barely touch. The triangle suggests a steadier climb, and if the ground beneath holds, more rooms may open in the house of Cardano.

Key Levels in Focus as Price Compresses

Jonathan Carter posts a daily sketch where ADA makes higher lows and lower highs, a symmetrical triangle carved by patient hands. The 50-day moving average (MA 50) acts as a stern gatekeeper. The price lingers just below this threshold, near $0.80. A decisive break above could open a corridor toward $0.96, $1.15, and $1.50, like doors swinging on rusty hinges in a forgotten factory.

Carter notes that the pattern holds while the price clings to around $0.76; that stubborn line is a confirmation the trendline still breathes. He counsels waiting for a close above the MA 50 before chasing the ascent. The RSI idles in neutral, a calm moment before the next gust-momentum and volume will decide the next gusts of wind.

Market Sentiment and Wallet Activity

CoinGlass charts tell a crowd’s mood: ADA’s long-to-short ratio sits at 0.93, a sign that shorts still outnumber the longs-futures traders whispering cautions in the market’s dim corridors.

In Cardano’s workshop, ADA Orca-one of the engine-room builders-reports a worrisome drop in active wallets. From over 8,000 in late 2024, unique wallets have fallen to about 1,000. “Most heartbreaking Cardano chart of all,” they quip, a line that stings like a bell at dawn, signaling waning hands at the loom of the network.

In the realm of development, the Hydra Node has reached version 1.0.0. A move from testing to full readiness for Layer-2, Hydra promises the network’s scalability and performance as activity grows-like adding a stronger wheel to a cart that already creaks under a heavy load.

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2025-10-10 13:10