{"id":102954,"date":"2025-10-08T07:00:04","date_gmt":"2025-10-08T07:00:04","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=102954"},"modified":"2025-10-08T07:00:04","modified_gmt":"2025-10-08T07:00:04","slug":"cardano-ada-price-eyes-0-94-as-coinbase-boosts-holdings-462-and-q4-rally-hype-grows","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=102954","title":{"rendered":"Cardano (ADA) Price Eyes $0.94 as Coinbase Boosts Holdings 462% and Q4 Rally Hype Grows"},"content":{"rendered":"

Cardano (ADA) is showing renewed momentum after weeks of sideways action, climbing back above its 50-day moving average and putting the $0.94 resistance back in focus. Traders view this level as the next major hurdle to unlock a run at the $1.00 psychological mark.<\/p>\n

On the daily chart, ADA has reclaimed its green 50-DMA as support, while RSI has rebounded toward 50, leaving room for further upside if buy volume continues to build. A clean daily close over $0.9 would confirm a trend shift and strengthen the case for a Q4 continuation rally.<\/p>\n\n

Coinbase Sparks Institutional Signal: Cardano (ADA) Reserves Jump 462%<\/strong><\/h2>\n

Fueling the bullish narrative, Coinbase\u2019s ADA holdings surged 462% to 9.56 million ADA in recent months, coinciding with rapid growth in Coinbase Wrapped ADA (cbADA)<\/a> on the Base network.<\/p>\n

Total cbADA supply has expanded to 9.53 million from 1.7 million at launch, pointing to rising on-chain utility and custody demand from larger players.<\/p>\n

In stark contrast, Coinbase\u2019s XRP reserves dropped 98% (from 970 million to 16.39 million), underscoring a rotation in on-exchange liquidity and user preference toward wrapped Cardano products.<\/p>\n

Key Levels and Q4 Outlook: $0.83 Support, $1.00 Magnet<\/strong><\/h2>\n

From a technical standpoint, Cardano\u2019s (ADA)<\/a> structure appears increasingly constructive, with the token reclaiming its 50-day moving average and holding firm within the $0.83\u2013$0.85 support zone, a critical base that continues to attract dip-buying interest. Losing this range could open the door to a deeper pullback toward $0.75, but as long as price remains above it, the setup favors further upside.<\/p>\n

On the resistance side, $0.94 remains the key multi-touch ceiling, and a decisive breakout above this level could trigger a move toward $1.00, with extensions possible to $1.06\u2013$1.12.<\/p>\n

Meanwhile, a rising RSI and improving market breadth suggest healthy momentum, reinforcing the view that short-term pullbacks are likely to be absorbed by buyers.<\/p>\n

Macro factors also support he bull case. With Bitcoin steady near record territory, capital rotation into large-cap altcoins typically strengthens into year-end. Similarly, Cardano\u2019s fundamental backdrop, expanding DeFi, smart-contract adoption, and wrapped-asset growth on Base, supports a higher-low, higher-high structure.<\/p>\n

If Cardano prints a decisive daily (or weekly) close above $0.94, technicians will look for a swift push to $1.00 and potentially $1.20 on momentum follow-through.<\/p>\n

Cover image from ChatGPT, ADAUSD chart from Tradingview<\/p>","protected":false},"excerpt":{"rendered":"

Cardano (ADA) is showing renewed momentum after weeks of sideways action, climbing back above its 50-day moving average and putting the $0.94 resistance back in focus. Traders view this level as the next major hurdle to unlock a run at the $1.00 psychological mark. On the daily chart, ADA has reclaimed its green 50-DMA as […]<\/p>\n","protected":false},"author":0,"featured_media":102955,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-102954","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/102954"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=102954"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/102954\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/102955"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=102954"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=102954"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=102954"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}