Cardano, another major cryptocurrency competitor that is vying with other cryptocurrencies for market dominance for some time now. In this past year, Cardano has seen its highs as well as lows. This scenario has not deterred the confidence of the asset or that the ADA eco-system continues to strive for its own improvement. Cardano, from Leios up to Midnight has relentlessly pursued new price formations. It’s even gone a step further to create its own price trajectory. Are ADA’s fortunes about to change for the better?
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Cardano Eyes New Breakthrough Spots
ADA currently trades at $0.86. The price ranges and levels have remained the same for a long time. Tokens are unable to move beyond the levels mentioned above, due to the bear market’s momentum and elements of consolidation. Things have started to shift as markets welcome new speculations regarding the ETF launch that is expected this year. This could trigger the much needed leverage for tokens, stabilizing their price.
Jonathan Carter is a cryptocurrency expert who has also forecasted a new path for bulls. Carter says that Cardano appears to have been stuck in a channel of descending for over a month. Carter has added a new phase to the token’s development, and it is expected that this will change.
Carter explains in detail how ADA’s consolidation will soon end and create a bullish setting for Cardano. It is all working to create a new price trend, which will eventually help Cardano hit $1.23.
“#ADA Channel Upper Resistance Under Pressure 👀. Cardano has been trapped in a descending channel for almost a year. That’s about to change🧐. Consolidation ending + breakout setup = rally preparation mode 🔺. Short-term breakout targets are ready: 🎯 $0.99. 🎯 $1.14. 🎯 $1.23.”
#ADA Channel upper resistance under Pressure👀
Cardano’s been stuck in an descending channel almost for a whole year. This is about to change🧐
Rally preparation = consolidation ending + break out setup🔺
Breakout targets for the short-term are now ready.
🎯 $0.99
🎯 $1.14
🎯 $1.23 pic.twitter.com/wYsPBQ2hrJ— Jonathan Carter (@JohncyCrypto) September 13, 2025
What does the technical analysis say about the Token?
The CoinCodex ADA data Carter’s latest ADA Prediction with stats showing the asset hitting the $1 mark Mid-October is the target date.
“According to our current Cardano price prediction, the price of Cardano is predicted to rise by 30.16% and reach $1.120475 by October 16, 2025. Per our technical indicators, the current sentiment is bullish, while the Fear & Greed Index is showing 52 (neutral). Cardano recorded 14/30 (47%) green days with 4.33% price volatility over the last 30 days. Based on the Cardano forecast, it’s now a good time to buy Cardano.”
Please Read This: Cardano Price Chart Shows Bullish Pattern, ADA Bull Run to $1.5?
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Source: watcher.guru
