Cardano (ADA) Price to $0.9? Here's What Market Data Says - The Market Periodical

Key Insights:

• Bollinger Bands and RSI are leaning toward oversold, signalling a bullish Cardano price reversal.
• Newly unveiled Digital Gold Coin Fund 1 reignites optimism for the Cardano network.
• Analysts predict ADA will reach $0.9 in the near future.

Cardano (ADA) is currently facing a downtrend, with the price hovering around $ 0.80. However, market sentiment is positive, fueled by bullish technical analysis.

ADA investors and analysts are optimistic the coin could soar to $0.9. Historical trends further raise hope for future price rallies.

Technical Indicators Signalling Cardano Price Reversal

According to CoinMarketCap data, the ADA price is currently traded at $0.82, down 4.4% over the previous day. The value of ADA also decreased by 1.4% within the past seven days.

However, the Bollinger Bands and relative strength indicator (RSI) technical indicators show potential bullish price reversals. Both indicators are leaning toward oversold conditions.

As revealed in a 3-hour candlestick chart for ADA/USD from TradingView, ADA is trading at the lower Bollinger Band.

The candles also show a downward move from above the middle band to the current level, with a slight uptick in the latest bars. The bands are narrowing, indicating reduced volatility, which often precedes a breakout.

A break above the middle band at $0.8465 would confirm bullish momentum, targeting the upper band of $0.8876.

The other key indicator, RSI, is at 37.04, just above the oversold threshold of 30. Recent declines in the RSI from higher levels suggest a shift in selling pressure. However, the slight uptick in the latest bars indicates early signs of buyer interest.

Notably, an RSI value of 37.04 gives room for upward momentum without immediate overbought risks. A move above 40 to 45 usually acts as support in bull markets.

Big Bet on Cardano Price

In a related development, memecoin enthusiast Mintern on X spotlighted a $1 billion fund targeting ADA.

The fund, dubbed Digital Gold Coin Fund 1, focuses on undervalued Layer-1 blockchains with long-term potential.

Cardano was selected as one of seven standout blockchains, including Bitcoin (BTC), Stellar (XLM), Zcash (ZEC), and Dash (DASH).

Importantly, ADA has a strong ecosystem, peer-reviewed research, and is highly scalable. These factors likely influenced its selection for the $1 billion fund.

Mintern also noted that ADA is currently undervalued and assigned a fair value target of $6 per coin. This implies massive upside from the current levels.

Meanwhile, the Digital Gold Coin Fund 1 has a long-term strategy. Per the details, each of the seven selected projects will receive $25 million as direct investment. This cash could help boost developer ecosystems, security, utility, and adoption.

The investment’s kick-off timeline remains unknown, so no immediate price impact on ADA yet. Still, the announcement acts as a vote of confidence, potentially drawing more institutions towards the Cardano network.

Historical ADA Price October Trend and Price Projection

Despite ongoing price downtrends, ADA looks ready for new highs this October. According to data from CryptoRank, ADA is expected to close the month in the green.

Understandably, Cardano closed Q3 2025 on a positive note, with the price surging 41.1%. This is a notable shift from previous years, where the coin consistently traded in red during Q3.

As of Q4 2025, ADA has experienced a minimal surge of 1.9%. However, the ADA price movement in October has shown mixed signals over the past eight years.

Per the CryptoRank data, Cardano’s price has registered an average increase of 1.79% in October.

ADA only closed in October in green in 2017, 2019, and 2023. Nonetheless, there is hope for future rallies as the value of ADA has increased 1.96% this month.

Moreover, analysts recently predicted that ADA could climb as high as $1.9. This forecast follows a recent surge in Coinbase’s Cardano reserve from 1.7 million to 9.56 million ADA.