ADA’s ETF Dance: Will It Moon or Spoof? 🚀💸

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Ah, the winds of October whisper tales of accumulation, comrades! The Cardano price, like a stubborn proletariat, clings to its ground, showing signs of a revolution brewing. Technical and fundamental forces align, pointing their fingers toward the $1.10 horizon. As the bourgeoisie of institutions grow curious and ETF filings pile up like unpaid debts, the buzz around ADA crypto grows louder, promising a breakout that could shake the very foundations of the market. 🤑

ADA’s 4-Hour Chart: A Wedge of Destiny

On the 4-hour Cardano price chart, ADA has been trapped in a falling wedge, a pattern as tight as a capitalist’s wallet. Yet, it holds firm around the $0.80-$0.85 support zone, like a worker refusing to yield. Momentum indicators, those fickle comrades, hint at an uprising-a push higher that could shatter the chains of resistance. 🛠️

Our dear market observer, Ali Martinez, proclaims: $0.90 is the level to watch for Cardano $ADA. A break above it could open the way to $1.10. Ah, the sweet scent of optimism! But will it be a triumph or another false promise? Only time will tell. ⏳

$0.90 is the level to watch for Cardano $ADA. A break above it could open the way to $1.10.

– Ali (@ali_charts) October 7, 2025

This $0.90, comrades, is no ordinary number-it’s the upper border of the wedge, the gate to freedom. With price tightening like a noose and volatility contracting like a scared cat, the stage is set for a mid-October breakout. Will it be glorious, or will it fizzle like a damp firecracker? 🎆

Institutions and ETFs: The Bourgeoisie’s Embrace

Beyond the charts, the fundamentals sing a bullish tune. The institutions, those fat cats in suits, are eyeing ADA like a juicy steak. ETF filings, the latest fad, are piling up faster than unpaid wages. Rex Shares and Osprey Funds, in a rare moment of unity, have filed for a staking-backed Cardano ETF. And not just one-21 ETFs, comrades! Twenty-one! 🧐

If approved, these funds will let investors ride the ADA wave while earning staking rewards. Liquidity will flow like vodka at a Russian wedding, amplifying Cardano’s appeal to both the masses and the elite. But will the SEC, that stern gatekeeper, give its blessing? The odds are in our favor, they say. Let’s hope they’re not lying through their teeth. 🤞

NEW: @REXShares / @OspreyFunds just filed for 21 crypto ETFs … Yes, Twenty One.

h/t @Todd_Sohn

– James Seyffart (@JSeyff) October 3, 2025

This ETF narrative, comrades, could be the spark that turns accumulation into acceleration. Or it could be another mirage in the desert of crypto speculation. Place your bets wisely! 🎲

Long-Term Chart: Echoes of Past Glory

On the grand stage of higher timeframes, ADA’s chart tells a tale of hope and nostalgia. Analysts, those modern-day soothsayers, claim ADA’s current setup mirrors its past bull cycle-the one that took it from obscurity to stardom. 🌟

The curved breakout formation, like a phoenix rising from the ashes, hints at explosive gains. If history repeats, $2.77 is the first stop-a 220% leap from current prices. And if the gods of crypto smile upon us, $7.82 awaits, an 800% surge that would make even the most cynical trader blush. But remember, comrades, history is a fickle mistress. 📈

$ADA (Cardano) currently holding ANOTHER set of Higher Lows and these have recently been leading into higher upside moves for prices and with a target over +264% away at $2.7709 that is in play, the next leg towards can be a matter of time.

Previous Bull Performance suggests much…

– JAVONMARKS (@JavonTM1) March 19, 2025

So, will ADA moon or spoof? Will the ETF dance end in triumph or tears? Only the market knows, and it’s not telling. Until then, comrades, hodl tight and keep your spirits high. After all, in the world of crypto, hope is the only currency that never loses value. 🚀✨

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2025-10-07 18:30