cryptonews
2025-11-11 18:06:12

Cardano Price Prediction: 30-Day Downtrend Is Over – Here’s Why Traders Are Suddenly Watching ADA Again

The downtrend that pushed ADA lower and lower over October has now been broken, putting bullish Cardano price predictions back on track. The altcoin has seen renewed participation as broader FUD tied to the U.S. government shutdown clears, with the Senate passing a continuing resolution during late Monday trading. BREAKING: U.S. Senate has officially passed the continuing resolution to end the shutdown, sending it to the House of Representatives for a final vote to re-open the government. pic.twitter.com/3oqHrBdiiN — America (@america) November 11, 2025 Though the trendline faces pressure again today, with the initial buy-the-news reaction giving way to sell pressure and a retest around $0.57. Coinglass futures data also only shows moderate speculative demand despite the technical shift. Open interest has added around $9 million, suggesting traders are not willing to bet on the setup just yet. Cardano Open Interest. Source: Coinglass. Market participants may be awaiting stronger technical signals before taking positions. Cardano Price Prediction: What are Traders Waiting For While the Cardano price has broken above its month-long downtrend, it’s now facing resistance at a key former demand zone around $0.60. Bulls have yet to fully seize control, and momentum indicators reflect that hesitation. ADA / USD 1-day chart, wider descending triangle setup. Source: TradingView. The RSI has stalled near 40, while the MACD histogram is flattening with only a narrow lead above the signal line, suggesting the uptrend remains fragile. A shakeout scenario could see ADA retest its $0.52 launchpad level, aligning with the lower boundary of a year-long descending triangle, potentially forming a stronger double-bottom reversal setup. For confirmation of a sustained breakout, $0.60 remains the key level to watch. Reclaiming it as support could open the path toward $0.82, the critical breakout threshold for the pattern. Fully realised, a triangle breakout could see upside extend 300% to could see upside extend to $2.25. However, near-term support levels remain crucial levels to watch. A fully realized triangle breakout could propel ADA as high as $2.25, a potential 300% move . For now, however, short-term support levels remain pivotal levels to watch. SUBBD: Another Utility Play to Add to Your Portfolio As regulation brings real-world utility back to the forefront, platforms like Cardano and SUBBD ($SUBBD) are gaining traction. Positioned as an AI-powered content platform, SUBBD is redefining the $85 billion subscriber economy by giving creators true ownership and fans genuine access. Never miss a sale again. As a top creator, your audience is global. It's just not possible to cater to everyone – you can't be online 24/7 That's where your personal AI Assistant comes in, to handle requests and secure payments. Sleep peacefully knowing you're making money… pic.twitter.com/ju9VjLBmea — SUBBD (@SUBBDofficial) March 26, 2025 By cutting out the middlemen, $SUBDD puts control back in the hands of those who create real value. Creators can monetize directly, while fans gain access to exclusive content, early releases, and meaningful interactions through token-gated perks. The concept is already gaining traction. $SUBBD has surpassed $1.3 million in presale, as investors back the shift toward a decentralized creator economy. With SUBBD, both sides of the community win — creators earn more, and fans get closer while embracing the decentralization use cases crypto was built for. Visit the Official SUBBD Website Here The post Cardano Price Prediction: 30-Day Downtrend Is Over – Here’s Why Traders Are Suddenly Watching ADA Again appeared first on Cryptonews .

获取加密通讯
阅读免责声明 : 此处提供的所有内容我们的网站,超链接网站,相关应用程序,论坛,博客,社交媒体帐户和其他平台(“网站”)仅供您提供一般信息,从第三方采购。 我们不对与我们的内容有任何形式的保证,包括但不限于准确性和更新性。 我们提供的内容中没有任何内容构成财务建议,法律建议或任何其他形式的建议,以满足您对任何目的的特定依赖。 任何使用或依赖我们的内容完全由您自行承担风险和自由裁量权。 在依赖它们之前,您应该进行自己的研究,审查,分析和验证我们的内容。 交易是一项高风险的活动,可能导致重大损失,因此请在做出任何决定之前咨询您的财务顾问。 我们网站上的任何内容均不构成招揽或要约