- Cardano price prediction stays bearish below $0.2111, the CRT low ADA needs to reclaim
- ADA open interest rose 8.24% to $462.69M while price sits below all four daily EMAs
- LuckSide Crypto says Cardano Prime named its first funded projects, with about $200M expected for DeFi
Cardano price prediction for October 29 stays bearish below $0.2111, the level ADA needs to reclaim, with the FOMC meeting the next test for price.
Cardano Price Analysis: Can ADA Hold $0.20 After Falling Below Its CRT Range?
ADA is holding above $0.20 for now, trading at $0.2055 and down 0.07% today, but it remains under its CRT low and all four daily EMAs. CRT, or candle range theory, marks one candle’s high and low and watches for a sweep of one side followed by a move to the other.
The range here comes from the October 18 candle, between about $0.2219 and $0.2111. ADA swept above the high on October 21 and dropped through the low the next day. Yesterday’s candle closed near $0.2057, about 2.6% below the low, so the move has played out and today’s candle is trading below the range.
The 100-day EMA at $0.2183, the 20-day at $0.2197, the 50-day at $0.2232 and the 200-day at $0.2374 all sit above price. RSI at 36.40 is under both its average of 39.76 and the neutral 50 mark, so momentum is still leaning down. ADA looks more likely to close today below $0.2111 and test $0.20 on October 29, and a close back above $0.2111 would put the 100-day EMA at $0.2183 in play.
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ADA Support and Resistance Levels, October 28, 2026
| Type | Price | Why it matters |
| Resistance | $0.2111 | CRT low, now resistance |
| Resistance | $0.2183 | 100-day EMA |
| Resistance | $0.2197 | 20-day EMA |
| Support | $0.2050 | Today’s low |
| Support | $0.2000 | Round level near the October 25 low |
| Support | $0.1900 | Mid-September low |
LuckSide Says ADA Could Rally Out of the FOMC Meeting if the Fed Holds Rates
LuckSide Crypto said in his youtube video that ADA was down about 1.4% on the day when he filmed, with Bitcoin down about a quarter of a percent, extending a drop that has run for several weeks into the FOMC meeting. His argument is that markets often do the opposite coming out of an FOMC meeting from what they did going in. If the Fed holds rates and Walsh’s comments afterward don’t sound too negative, he thinks a rally is likely, though he said it is not guaranteed and not financial advice.
He pointed to a hidden bullish divergence on ADA, where price makes higher lows while RSI makes lower lows, a pattern traders read as selling losing force. He said Bitcoin shows the same pattern. He also said Iran’s supreme leader calling for conditions to be met to end the war has taken some uncertainty out of markets.
Cardano Prime Names Its First Cohort of DeFi Projects
According to LuckSide Crypto, Cardano Prime, the program that funds projects to build up Cardano DeFi, has announced its first cohort. LuckSide said he believes the first wave is expected to add about $200 million to Cardano’s DeFi activity. The funded work falls into four groups:
| Area | What Prime is funding |
| Trading and lending | Sundae Labs’ core market features on SundaeSwap V4, Liqwid’s V3 isolated lending markets and Indigo’s upgrade to its synthetic asset protocol |
| Liquidity and bridging | Steer’s automated liquidity vaults and Via Labs’ tool for moving assets from major EVM chains and exchanges into Cardano |
| Real-world assets and payments | Rebond’s fixed-return bond marketplace, launching on mainnet with a tokenized medical stop-loss bond, and Dial’s link between phone numbers and DeFi payments |
| Security and tools | Audits from Midgard Labs and TxPipe before projects go live, plus developer tools from TxPipe |
ADA Staking Is Now Available on WhatsApp
LuckSide Crypto said Chatterpay, which added ADA, USDCX, USDM and USDA payments to WhatsApp last month, now supports ADA staking there too.
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With more than three billion people on WhatsApp, LuckSide called it a simple way to bring more people to Cardano.
Cardano Derivatives: Open Interest Climbs While ADA Sits Below Its Averages
Cardano’s derivatives activity picked up while ADA remained below all four daily moving averages. Open interest rose 8.24% to $462.69 million, while trading volume increased 5.80% to $330.04 million, according to Coinglass.
Long positions accounted for $150,000 of the $194,430 liquidated over 24 hours. However, shorts made up $31,920 of the $34,660 liquidated in the past 12 hours, showing that more recent liquidations were concentrated in short positions.
Long accounts still outnumbered shorts on Binance and OKX, with ratios of 1.91 and 2.68, respectively. These figures show a preference for long positions, though they do not confirm that ADA will bounce.
| Metric | Value | What it shows |
| Derivatives volume | $330.04M, up 5.80% | Trading activity increased |
| Open interest | $462.69M, up 8.24% | The value of open contracts rose |
| 24-hour liquidations | $194.43K, including $150K in longs | Longs made up 77% of liquidations |
| 12-hour liquidations | $34.66K, including $31.92K in shorts | Shorts made up 92% of liquidations |
| Binance long/short account ratio | 1.91 | Long accounts outnumbered shorts |
| OKX long/short account ratio | 2.68 | Long accounts outnumbered shorts |
Cardano Price Prediction: Bullish and Bearish Scenarios for October 29
Bullish Case, Target: $0.2197
ADA closes back above the $0.2111 CRT low and holds it, which puts price back inside the range and opens the 100-day EMA at $0.2183 and the 20-day at $0.2197. The CRT high near $0.2219 and the 50-day EMA at $0.2232 sit just above. A Fed hold with calm comments afterward, the setup LuckSide describes, would fit this path.
Bearish Case, Risk Level: $0.2000 (Round Level)
ADA stays below $0.2111 and slides toward $0.2000 on October 29. A close below that level would expose the mid-September low near $0.1900. Hawkish comments from the Fed would fit this path.
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FAQs
ADA stays bearish below $0.2111 and could test $0.20 on October 29 if it closes today under that level. A close back above $0.2111 would put the 100-day EMA at $0.2183 in play.
ADA trades under its $0.2111 CRT low and all four daily EMAs, with RSI at 36.40. LuckSide Crypto ties the weakness to a multi-week drop into the FOMC meeting and says markets often move the other way once the decision lands, though he adds that it is not guaranteed. Neither the chart nor the derivatives data points to a single cause.
The $0.20 round level, near the October 25 low, is the key support, with today’s low at $0.2050 just above it. A close below $0.20 would put the mid-September low near $0.19 in play.
According to LuckSide Crypto, Cardano Prime has named its first cohort of funded projects, including Sundae Labs, Liqwid, Indigo, Steer, Via Labs, Rebond, Dial, Midgard Labs and TxPipe. LuckSide believes the first wave is expected to add about $200 million to Cardano DeFi.
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