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Cardano Advances After Hashdex ETF Inclusion as Price Tests $0.90 Resistance

Analysts are watching resistance near $0.90 to $0.95 as the next test.

Cardano whales scoop 70M ADA as price targets $1

Overview

  • Hashdex confirmed Cardano’s addition to its Nasdaq Crypto Index U.S. ETF via an SEC filing, placing ADA alongside major coins in a regulated U.S. product.
  • ADA now trades around $0.87 with buyers defending the $0.85–$0.87 zone after multiple rebounds from the $0.75–$0.80 support band reported in recent weeks.
  • Chart watchers cite a completed descending-wedge breakout and an inverse head-and-shoulders setup, with $0.90 as the immediate hurdle and $1.00 as the psychological level.
  • Analysts say a clean move through roughly $0.95–$0.9614 could open a run toward $1.20–$1.27, while higher targets to $2.50–$4.00 are longer-term projections contingent on momentum and liquidity.
  • Adoption signals include eToro launching U.S. Cardano staking to an audience of over 40 million and on-chain data showing Cardano stablecoin liquidity topping $40 million.