Cardano Price Prediction: ADA Bulls Gain Ground as RealFi Sets October Launch
- ADA reclaims $0.2183 as support, strengthening its recovery above key EMAs.
- Falling open interest to $492.44M signals deleveraging and weaker speculative demand.
- Persistent ADA outflows may indicate reduced selling liquidity and potential accumulation.
Cardano’s recovery is gaining attention as ADA attempts to build a stronger base above key technical levels. The token recently reclaimed the $0.2183 Fibonacci level after bouncing from the $0.19–$0.20 support zone. Meanwhile, RealFi has confirmed October 1 as the target for its Cardano mainnet launch.
ADA Regains Important Technical Ground
ADA currently trades near $0.2210 and remains above several major daily moving averages. The 20-day EMA stands at $0.2037, while the 50-day EMA sits around $0.1941.
Additionally, the 100-day EMA remains near $0.1984, supporting the broader recovery structure. However, A…
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