TLDR
- Cardano price rebounded from $0.75 support and broke out of a descending wedge pattern
- Hashdex added ADA to its Nasdaq Crypto Index U.S. ETF after filing with the SEC
- ADA currently trades at $0.83 and needs to clear $0.85 then $0.95 for continued upside
- Analysts predict a potential 50% rally to $1.27 if key resistance levels break
- The ETF inclusion places Cardano alongside Bitcoin, Ethereum, Solana, XRP, and Stellar
Cardano price has shown renewed strength after weeks of choppy trading. The token currently sits at $0.83 following a strong rebound from the $0.75 support level.
This support zone has been tested multiple times in recent weeks. Each test has held, providing a floor for ADA’s short-term price action.
The daily chart reveals a completed breakout from a descending wedge pattern. This technical formation typically signals a reversal when resistance is cleared.
For the upside move to continue, ADA must first break above $0.85. After that, the $0.95 resistance level comes into focus.
The $0.95 level capped gains earlier in September. Breaking through this barrier would open the path toward higher targets.
Analysts have predicted ADA could climb 50% if resistance at $0.9614 is broken. This move would potentially push price toward the $1.20 range.
Sustaining momentum beyond that level would validate the long-term target of $1.27. Failure to clear $0.85 or a drop below $0.80 would delay this scenario.
Institutional Interest Grows
Hashdex has officially added Cardano to its Nasdaq Crypto Index U.S. ETF. The asset manager filed the necessary paperwork with the SEC to confirm ADA’s eligibility.
BREAKING NEWS:
CARDANO RE-LISTED ON NASDAQ CRYPTO ETF 😱😱
Cardano $ADA is officially back in the Hashdex NASDAQ Crypto Index U.S. ETF, after being removed over regulatory hurdles.
Is a dedicated Cardano ETF next? pic.twitter.com/JU4sptMMqn
— Mintern (@MinswapIntern) October 2, 2025
The inclusion follows updated generic listing standards that now allow Cardano to join the fund. ADA now sits alongside Bitcoin, Ethereum, Solana, XRP, and Stellar in the ETF’s holdings.
This recognition shows that Cardano has matured enough to meet U.S. listing benchmarks. ETF inclusion often brings increased liquidity as regulated products attract cautious institutional investors.
The move expands ADA’s investor base beyond retail traders. It provides exposure to participants who prefer regulated investment vehicles.
Technical Indicators Support Bullish Case
The $0.82 to $0.83 range has flipped from resistance to support. ADA pushed through this zone and recently retested it with a strong bounce.
A trader noted that when a market retests a breakout zone and holds, it often validates the move. The retest formed a distinct bottoming wick, suggesting strong buying interest.
The next milestone for bulls is printing a higher high with a convincing green candle. This would add weight to the continuation scenario.
ADA currently trades around $0.864, sitting just above its short-term moving average. The RSI has climbed out of oversold conditions and is trending upward.
If buyers maintain control, the next upside targets are $0.90 and potentially $0.95. The technical setup appears constructive for further gains.
Cardano’s bounce is happening as the broader crypto market shows stabilizing sentiment. Altcoins have started showing signs of accumulation after recent weakness.
The Hashdex ETF filing was officially confirmed with the SEC, placing ADA in a regulated investment product for U.S. investors.
