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Two Reasons Why Cardano Price Will Hit $0.45 First Before $0.7 Soon

Two Reasons Why Cardano Price Will Hit $0.45 First Before $0.7 Soon

Coinpedia2025/11/12 06:39
By:Coinpedia
Story Highlights

Cardano (ADA) price is on the cusp of breaching its 2025 support. The large-cap altcoin has weakened its support range of between $0.57 and $0.51 every time it retested year-to-date (YTD).

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This support range was pierced during the October 11, 2025, crypto crash. Ever since, the ADA price has continued to weaken on a weekly basis. According to crypto analyst Ali Martinez, ADA price must hold its last line of defense around $0.51 to validate a rebound towards $0.7.

Two Reasons Why Cardano Price Will Hit $0.45 First Before $0.7 Soon image 0 Two Reasons Why Cardano Price Will Hit $0.45 First Before $0.7 Soon image 1

Source: X

According to on-chain data analysis from Santiment, whale investors and retail traders have been selling aggressively in the recent past. As such, the fear of further crypto capitulation has remained high, as shown by CoinMarketCap’s Fear and Greed Index, which hovered around 31/100 at press time.

The reopening of the U.S. government after 40 days of shutdown is a huge relief for the markets. However, the overall liquidity has not reached the crypto market as investors continue to bet on stocks focused on artificial intelligence (AI). 

Nevertheless, the highly anticipated Federal Reserve’s Quantitative Easing (QE) next month, amid rising global reserves, will be bullish for the wider crypto market including ADA.

From a technical analysis standpoint, ADA price has been following a similar fractal pattern to its 2020/2021 bull cycle. 

In the weekly timeframe, it is evident that ADA’s parabolic rally to the price discovery phase began after retesting its multi-year support/resistance level established through the bear markets.

Two Reasons Why Cardano Price Will Hit $0.45 First Before $0.7 Soon image 2 Two Reasons Why Cardano Price Will Hit $0.45 First Before $0.7 Soon image 3

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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