Can Cardano Slip Below $0.30? ETF Speculation and Analyst Warnings Cloud ADA Outlook

Cardano (ADA) is trading around $0.78–$0.80, struggling beneath a strong resistance at $0.83–$0.85, where the 50/100/200-day EMAs ￰0￱ markets currently assign a 91%–95% chance of ￰1￱ spot ETF approval, with dates tentatively set for late October ￰2￱ Reading: Ethereum Founder Dumps Billions In These Meme Coins, Is This A Repeat Of Shiba Inu In 2021? This narrative has helped stabilize sentiment after September’s ￰3￱ believe institutional access could mirror BTC/ETH’s ETF strategy by increasing liquidity and expanding demand. However, options activity remains subdued, and recent long liquidations suggest traders are cautious about chasing gains before a clear ￰4￱ ADA closes above $0.85, potential upward targets are $0.87 (Fib 0.382) and $0.90 (Fib 0.5).

Cardano (ADA) Key Levels: $0.78 Support, Then $0.75 and $0.71 The Cardano (ADA) near-term structure is a range between $0.78 and $0.83 after a pullback from highs near $0.95. Momentum has improved from oversold levels, but Parabolic SAR remains above the price, and the trend hasn’t fully ￰5￱ support is at $0.78, with deeper liquidity pockets at $0.75 and $0.71; a failure there exposes $0.68 as the last major ￰6￱ also point out a developing death-cross risk on lower timeframes, implying rallies could fade without new ￰7￱ factors remain influential: tighter financial conditions or a Bitcoin retrace can reduce altcoin bids, capping ADA under resistance even if ETF headlines stay strong.

ADA's price trends sideways on the daily chart.) and has an eight-year record with no downtime, critics point to slow app adoption, capital shifting to newer ecosystems, and ETF attention potentially directing flows into a few large ￰8￱ global liquidity tightens, ETFs underperform, or structural demand weakens, a prolonged cycle could push ADA toward value zones below $0.30, where longer-term buyers might ￰9￱ Reading: Dogecoin Breakout Could Happen ‘In A Hurry,’ Analyst Warns In the short term, watch $0.83–$0.85 for a trend reversal and $0.78/$0.75 on the ￰10￱ ETF story provides ADA with a real catalyst, but actual delivery and demand must ￰11￱ that, the 2026 sub-$0.30 scenario remains a possible risk, especially if macroeconomic headwinds ￰12￱ image from ChatGPT, ADAUSD chart from Tradingview