Cardano has been another leading cryptocurrency contender vying for the top market spot for a long time. The token has documented its fair share of highs and lows this year. Still, this scenario is yet to deter the asset’s confidence or the fact that the ADA ecosystem continues to work towards its own betterment. From Leios to Midnight, Cardano has been relentlessly pursuing new price formations, going up a notch to carve its own price trajectory. Is ADA about to turn the tables around for good?
Also Read: Cardano ($ADA) Market Push Hints at 200% Profit Potential: Details
Cardano Is Eying New Breakout Spots
ADA is currently trading at $0.86, maintaining the monotonic price levels and ranges for an extended period. The token is unable to break past the aforementioned levels, as elements of consolidation and bear market momentum continue to weigh the token down. However, things have now started to change as the markets are welcoming new speculations about the ETF launch, which is due for approval this year. This development could become a much-needed trigger for the token to leverage, helping it stabilize its price a bit.
Apart from that, Jonathan Carter, a leading cryptocurrency expert, has predicted a new bullish pathway for the asset. Per Carter, Cardano seems to be trapped under a descending channel for almost a year. This development may be up for a change as Carter adds a new phase for the token, which is about to begin.
Speaking about it at length, Carter adds how ADA’s consolidation is about to end, which is shaping a new bullish setup for Cardano to explore. This entire setup is working towards a breakthrough price momentum, ultimately helping the token hit $1.23 in the process.
“#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👀
— Jonathan Carter (@JohncyCrypto) September 13, 2025
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 pic.twitter.com/wYsPBQ2hrJ
What Does The Technical Analysis Say About The Token?
The CoinCodex ADA data mirrors Carter’s latest ADA prediction, with stats showing the asset hitting the $1 mark by mid-October.
“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.”
Also Read: Cardano Price Chart Shows Bullish Pattern, ADA Bull Run to $1.5?
