Cardano Price Prediction: ADA Eyes $0.95 Amid Strong Support Levels

Cardano (ADA) has entered a recovery phase after a sharp pullback, trading around $0.86. The cryptocurrency rebounded strongly from the $0.75–$0.78 support zone, showing resilience.

Buyers recently pushed ADA toward the 1.618 Fibonacci extension at $0.878, where it faced resistance and pulled back slightly. This rebound reflects growing optimism among traders and investors who closely monitor key technical levels.

On the downside, ADA finds immediate support near $0.83, which aligns with the 20-EMA and the 2.618 Fibonacci level. If this level fails to hold, the $0.78 zone, corresponding with the 3.618 Fibonacci level, offers stronger support. A deeper pullback could test $0.75, where the 4.236 Fibonacci level provides a potential floor.

Upside resistance remains clear. The $0.88 level represents the first hurdle, already tested during the recent bounce. A break above this point could open the door to $0.91, coinciding with the 0.786 Fibonacci retracement, and further toward $0.95, the swing high from the previous rally. EMAs ranging from 20 to 200 are converging, hinting at a potential bullish shift if ADA maintains above $0.83.

Cardano’s futures market shows heightened trader participation. Open interest, which remained under $300 million early in the year, surged above $1.5 billion by October 3, 2025.

This rise coincided with ADA trading near $0.87, signaling increased speculative activity. Consequently, the sharp expansion in open interest suggests stronger capital inflows into derivatives markets and elevated market engagement.

Spot inflows and outflows provide further insight. Recent months show persistent net outflows, indicating that investors are moving ADA off exchanges. On October 3, ADA recorded a net outflow of $2.37 million.

Such consistent outflows often signal accumulation and reduced selling pressure. Additionally, they reflect investor confidence, as fewer coins remain available for immediate trading.

Key levels remain well-defined as Cardano consolidates above critical support heading into October.

Upside levels:

Downside levels:

Resistance ceiling:

The technical picture suggests ADA is compressing inside a recovery channel, with converging EMAs signaling a potential directional breakout. Momentum remains sensitive around $0.83 support, where buyers continue to defend the rebound structure.

The ADA price prediction for October hinges on whether bulls can secure a close above $0.88 and sustain it. A successful breakout could open the path toward $0.91–$0.95, with extended upside toward $1.02 if volume supports the move. However, a failure to hold $0.83 increases the likelihood of retests at $0.78 and $0.75.

For now, Cardano sits at a pivotal juncture. Rising futures open interest and consistent exchange outflows hint at accumulation, but conviction must be confirmed by a decisive breakout. October’s narrative points to heightened volatility, leaving ADA’s next leg dependent on buyers’ strength at critical inflection levels.