Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
Cardano Price Prediction: ADA Price Drops to CRITICAL Level as Bitcoin Crashes

Cardano Price Prediction: ADA Price Drops to CRITICAL Level as Bitcoin Crashes

Cryptoticker2025/10/22 17:39
By: Cryptoticker
BTC+1.93%ADA+2.19%

Bitcoin Crash Sparks Altcoin Sell-Off

The crypto market took another hit after a short-lived recovery last week. Bitcoin ($BTC) dropped from $114,000 back to the $107K–109K range, erasing optimism that the bear market was finally ending. This renewed volatility dragged major altcoins down, with Cardano (ADA) losing nearly 9% over the past seven days.

BTC/USD 5-mins chart - TradingView

The $Bitcoin chart shows how momentum shifted quickly from bullish to bearish . After failing to hold above $114K, BTC broke multiple short-term supports. RSI slipped below 40, while the MACD crossed bearishly — both confirming a loss of strength.

Until BTC reclaims $110K with volume, risk assets like Cardano are likely to remain under pressure.

Cardano Technical Analysis: Key Levels to Watch

The Cardano (ADA/USD) chart reflects a similar structure. After a brief bounce near $0.65, ADA fell back to $0.628, hovering just above critical support at $0.62.

  • Support Zone: $0.62 – a major horizontal level that has repeatedly acted as a floor since mid-October.
  • Resistance Zone: $0.71 – a strong ceiling that capped the last rally attempt.
  • RSI: 36.6, showing ADA is close to oversold territory but not yet at reversal levels.
  • MACD: Currently bearish, with the signal line widening below zero — confirming short-term downside pressure.

ADA/USD 2-hours chart - TradingView

The lack of bullish divergence suggests that buyers are not yet stepping in with conviction. A clear breakdown below $0.62 could trigger another sell-off toward $0.58, while a rebound above $0.65 could bring back momentum toward $0.71.

Cardano Price Prediction: Bull vs. Bear Scenarios

🔴 Bearish Case (Crash to $0.62 or Lower)

If Bitcoin continues to struggle below $110K, ADA could retest its key support at $0.62. Breaking this level might open the door to $0.58 or even $0.55, especially if overall crypto sentiment weakens further.
Short-term traders should be cautious of false bounces — a typical pattern when RSI hovers near 35–40.

🟢 Bullish Case (Rebound to $0.71)

If $BTC stabilizes and global sentiment improves, ADA has a chance to rebound toward $0.70–0.71. This level aligns with the 50-day moving average and previously rejected resistance, making it the next target for bullish traders.
For this setup to confirm, ADA needs a daily close above $0.65 with increasing volume.

Cardano Future: Market Outlook

The coming days will likely depend on Bitcoin’s ability to regain momentum. Without BTC leadership, altcoins like Cardano will continue to follow broader market direction.
However, ADA’s long-term fundamentals remain intact — especially with ongoing ecosystem upgrades and DeFi integrations on the Cardano network.

For now, traders should monitor the $0.62–0.65 range closely. A breakout or breakdown from this zone will define ADA’s next move.

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.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Trending news

More
1
Bitcoin may ‘final flush’ to $104K before the bull market returns
2
Solana (SOL) ETF Cleared in Hong Kong — Does $195 Break Next?

Crypto prices

More
Bitcoin
Bitcoin
BTC
$109,815.68
+1.90%
Ethereum
Ethereum
ETH
$3,881.04
+0.97%
Tether USDt
Tether USDt
USDT
$1
-0.01%
BNB
BNB
BNB
$1,105.93
+3.72%
XRP
XRP
XRP
$2.41
+0.60%
Solana
Solana
SOL
$186.74
+1.69%
USDC
USDC
USDC
$0.9999
+0.00%
TRON
TRON
TRX
$0.3226
+0.03%
Dogecoin
Dogecoin
DOGE
$0.1940
+1.71%
Cardano
Cardano
ADA
$0.6391
+0.90%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter