Cardano Rises 7% to $0.256 as ADA Tests Resistance, Volume Drops 34.86%
- —ADA gained 7% on Oct. 10 to $0.256, outpacing major cryptocurrencies
- —Reported volume fell 34.86%, leaving the breakout short of confirmation
- —Cardano daily active addresses reached 27,500 on Oct. 7 after CIP-0113 went live
- —Analyst Andreou's $0.90 scenario requires holding $0.22–0.25 and clearing $0.30–0.35
Why it matters: Holding above $0.2359 will decide whether the bounce becomes a reversal or a false breakout, with $729 million in two-day Bitcoin ETF outflows pressuring risk assets.
Source: Blockonomi