TL;DR<\/strong><\/p>\n Cardano (ADA) is trading around $0.82 with a 24-hour volume of $1.8 billion. The token gained slightly today but remains down 5% this week.<\/p>\n Crypto analyst Sssebi expects a pullback before recovery, writing<\/a>,<\/p>\n \u201cBigger drop until October and then bounce back mid October\u2013November. Possible new ATH at Christmas time.\u201d<\/p>\n<\/blockquote>\n Their projection points to a decline toward the $0.70\u2013$0.75 zone before regaining strength. The 4-hour chart outlines a rebound toward $1.00, setting up for a possible year-end rally.<\/p>\n In addition, volume levels have stayed steady, showing no signs of major accumulation or liquidation. The Relative Strength Index (RSI) is moving toward oversold conditions, a reading often associated with price support in the near term.<\/p>\n If ADA follows the projected pattern, holding support near the $0.70 area will be important before a recovery. A successful rebound could provide the base for momentum into late Q4, with the analyst pointing to the possibility of a new all-time high in December.<\/p>\n On-chain data shows movement from large ADA holders. Analyst Ali Martinez reported<\/a> that addresses holding between 1 million and 10 million ADA transferred about 160 million tokens over the past four days. Their combined balance dropped from 5.6 billion to 5.44 billion ADA.<\/p>\n Earlier this month, over 530 million ADA was moved in a two-day span. Despite these transfers, the price has remained stable, suggesting steady demand is meeting the supply.<\/p>\n Cardano\u2019s mainnet has now processed<\/a> more than 114 million transactions, according to TapTools. This reflects ongoing network activity across applications and user interactions.<\/p>\n Institutional exposure may also expand. WisdomTree registered<\/a> its CoinDesk 20 Fund in Delaware, which will include ADA alongside other major assets such as Bitcoin, Ethereum, Solana, and XRP. Market trackers show the approval odds for a US Cardano ETF rising to 91%, around the highest level so far.<\/p>\n LIMITED OFFER for CryptoPotato readers at Bybit: Use this link<\/a> to register and open a $500 FREE position on any coin!<\/b><\/p>\n<\/div>\n<\/div>\n\n
Analyst Sees Pullback Before Rally<\/h2>\n
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Whale Activity Recorded on the Network<\/h2>\n
Transaction Growth and ETF Outlook<\/h2>\n
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