- Cardano (ADA) holds $0.80 after $0.85 breakout as whale flows strengthen on-chain liquidity.
- Altcoin market cap approaches 2021 record as TOTAL3 index shows rising risk-on sentiment.
- Liquidity rotation from Bitcoin to Cardano and major altcoins signal sustained capital inflows.
Cardano (ADA) trades near $0.81, steady after its brief move above $0.85 on October 7. The token’s pullback is part of a wider consolidation as the total altcoin market cap nears its 2021 high. Bitcoin (BTC) remains firm near $121K, providing a stable backdrop for rotation into large-cap altcoins.
Cardano Overall Outlook
Flows Show Controlled Rotation, Not Stress
Investor behavior points to accumulation. ADA outflows from exchanges reached $21 million on October 5, $24 million on October 6, and $17 million on October 7. This is the highest concentration of ADA movement since March. Large holders aka whales are moving coins off exchanges, showing confidence in future gains.
Volatility and Important Levels
According to an analyst, important support levels for ADA include $0.75 as the immediate floor and $0.68 as a stronger secondary support if the first level fails. Liquidity analysis shows buying interest between $0.66 and $0.75.
On the upside, $0.85 is the nearest resistance level, with a breakout possibility above it. Beyond that, ADA could target $1.00, aligning with the daily triangle squeeze breakout scenario, and even $1.20 if momentum continues.
Related: Bitcoin Price Prediction: Polymarket and Ex PayPal Chief See $1.3M BTC
ADA vs ETH
ADA has been performing strongly against Ethereum since March 2025, reaching around $1.13 at one point. Momentum indicators like RSI and Z-Score show ADA is gaining strength, with support forming along an ascending trend line. In past cycles, reaching similar levels led to significant gains against Ethereum after periods of accumulation, indicating potential for further upside.
Other indicators, like the Money Flow Index, show hidden bullish signals. Another critical support is around $0.68, which could act as a safety point if prices dip. Overall, Cardano appears positioned for growth relative to Ethereum, with these levels acting as important markers for potential price movement.
Related: Are Altcoins Overheating While BNB Kicks Off the Next Market Rally?
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