Cardano Holds Key Support
🟦Cardano (ADA) has stabilized around $0.64 after successfully defending the $0.61–$0.63 zone, suggesting structural resilience. Investor interest is gradually recovering — net inflows into the network reached $1.48 million, signaling early signs of revival after a prolonged period of outflows. Momentum indicators show waning bearish pressure and a shift toward accumulation.
🟦Optimism has also been fueled by Charles Hoskinson’s progress on Midnight, a privacy-focused smart contract platform that could serve as a new growth driver for the Cardano ecosystem. Analysts say maintaining price above $0.61 will preserve the bullish outlook and open the way for a move toward $0.70–$0.76 in the coming weeks.
https://crypto-jazz.com/uncategorized/2025/10/20/cardano-holds-key-support/
