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Cardano (ADA) trades near $0.81, steady after its brief move above $0.85 on October 7. The token’s pullback is part of a wider consolidation as the total altcoin market cap nears its 2021 high. Bitcoin (BTC) remains firm near $121K, providing a stable backdrop for rotation into large-cap altcoins.
The $TOTAL Altcoin Market Cap has made new all time highs this week and is attempting to move above its 2021 high.
— Daan Crypto Trades (@DaanCrypto) October 8, 2025
This current weekly candle is going to be important to determine whether we see a convincing break or not.
I'd want to see this close at least 1-2 weekly candles… pic.twitter.com/lqen9uLCgz
Cardano Overall Outlook
Flows Show Controlled Rotation, Not Stress
Investor behavior points to accumulation. ADA outflows from exchanges reached $21 million on October 5, $24 million on October 6, and $17 million on October 7. This is the highest concentration of ADA movement since March. Large holders aka whales are moving coins off exchanges, showing confidence in future gains.
Volatility and Important Levels
According to an analyst, important support levels for ADA include $0.75 as the immediate floor and $0.68 as a stronger secondary support if the first level fails. Liquidity analysis shows buying interest between $0.66 and $0.75.
On the upside, $0.85 is the nearest resistance level, with a breakout possibility above it. Beyond that, ADA could target $1.00, aligning with the daily triangle squeeze breakout scenario, and even $1.20 if momentum continues.
Related: Bitcoin Price Prediction: Polymarket and Ex PayPal Chief See $1.3M BTC
ADA vs ETH
ADA has been performing strongly against Ethereum since March 2025, reaching around $1.13 at one point. Momentum indicators like RSI and Z-Score show ADA is gaining strength, with support forming along an ascending trend line. In past cycles, reaching similar levels led to significant gains against Ethereum after periods of accumulation, indicating potential for further upside.
Other indicators, like the Money Flow Index, show hidden bullish signals. Another critical support is around $0.68, which could act as a safety point if prices dip. Overall, Cardano appears positioned for growth relative to Ethereum, with these levels acting as important markers for potential price movement.
Related: Are Altcoins Overheating While BNB Kicks Off the Next Market Rally?
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