Overview
- ADA is trading around a key $0.51–$0.60 zone, with chartists reporting a reclaim of $0.58 and near‑term upside levels flagged at $0.70–$0.85 if momentum holds.
- A Nov. 9 analysis highlights bearish signals — an inverse cup‑and‑handle pattern, a recent death cross, and price below the Supertrend — projecting a possible drop toward roughly $0.25.
- Bullish reads cite a potential double bottom, rising RSI, volume expansion, and synchronized gains across USDT, BTC, and ETH pairs as signs of improving momentum.
- Flow data shared by commentators notes recent whale distribution of about 4 million ADA offset by retail accumulation and rising taker buy dominance, with expanding open interest supporting the case for a rebound toward $1.00.
- Coverage also points to low DeFi activity on Cardano and to project claims that Leios could enable 30–50x throughput and that the Midnight ZK sidechain has lined up partners, developments that remain prospective.