Overview
- ADA trades near $0.65 after weeks of tight consolidation, with $0.65–$0.68 flagged as the immediate breakout zone and $0.62 as key support.
- Analysts map a path toward $0.90–$0.92 if price reclaims $0.67–$0.70 with volume, with interim checkpoints at the 200-EMA near $0.73.
- Coinglass recorded about $8.6 million in net exchange outflows on Oct. 24, suggesting a tightening tradable supply.
- Charts highlight a falling wedge and an inverse head-and-shoulders, while MACD and Parabolic SAR show early bullish momentum cues.
- Larger multi-month targets around $2.50–$2.70 remain conditional on closes above ~$0.80–$0.85, rising demand, and delivery of ecosystem catalysts such as Midnight and domain rollouts, with the network recently surpassing 115 million transactions.