Cardano Support Holds Near $0.70–$0.76 as Hydra Upgrade Could Bolster Momentum Toward $1.44

Cardano sustains support between $0.70–$0.76 as the Hydra upgrade enhances scalability, signaling renewed bullish momentum toward $1.44.

Published: October 13, 2025 | Updated: October 13, 2025 | Author: COINOTAG

• Support confirmed at $0.70–$0.76

• Hydra Node 1 launch improves transaction throughput and cost-efficiency.

• Technical alignment (Fibonacci, POC, Bollinger) suggests a potential upside to $1.44 if $0.90 is reclaimed.

Cardano price outlook: ADA holds $0.70-$0.76 support after Hydra Node 1 launch; watch $0.90 daily close for breakout toward $1.44. Read COINOTAG today.

What is Cardano’s price outlook?

Cardano price outlook: Cardano (ADA) is trading within a defined support band between $0.70 and $0.76, an area strengthened by the 0.618 Fibonacci retracement level, the Point of Control from volume profile analysis, and the lower Bollinger Band. If ADA maintains these levels and registers a decisive daily close above $0.90, technical momentum could favor a continuation toward the $1.00–$1.44 range.

How does the Hydra upgrade affect Cardano’s scalability and price outlook?

The recent Hydra Node 1 launch marks a meaningful step in Cardano’s scaling roadmap. Hydra’s architecture is designed to increase throughput by enabling multiple heads that process transactions off-chain while settling on Cardano’s mainnet, which reduces congestion and lowers fees. This fundamental improvement supports higher network activity and developer adoption—factors that can improve long‑term market sentiment. Official statements from Cardano Foundation and Input Output (IOG) describe Hydra as a scalability layer intended to complement on‑chain upgrades. While upgrades alone do not guarantee price appreciation, improved network performance tends to reduce friction for real‑world use cases and can shift market positioning.

Source: TradingView (chart image for illustrative technical analysis)

Price structure shows a series of higher lows, which supports the view that buyers are stepping in within the $0.70–$0.76 band. The alignment of several technical metrics—most notably the 0.618 Fibonacci retracement, the Point of Control (where traded volume concentrates), and the lower Bollinger Band—indicates a confluence zone where selling pressure has diminished and buy orders are accumulating. Momentum indicators, including an RSI recovering from oversold territory and a MACD showing early signs of bullish crossover, further suggest the downward pressure has eased, though confirmation requires follow‑through on volume and price action.

Frequently Asked Questions

Will Cardano reach $1.44 if current support holds?

Technically, a move toward $1.44 becomes plausible if ADA stays above $0.70–$0.76 and posts a decisive daily close above $0.90. This path depends on continuing volume support and positive momentum indicators; it is a scenario contingent on market confirmation rather than a guaranteed outcome.

Is Cardano bullish right now?

Yes, short‑term technical sentiment is tilted bullish as long as ADA remains above the $0.70 support band and momentum indicators continue to recover. Market participants should watch $0.90 for signs of breakout and $0.70 for potential invalidation of the bullish structure.

Key Takeaways

• Defined support at $0.70–$0.76: A confluence of Fibonacci, POC, and Bollinger Band supports buying interest in this range.
• Hydra improves fundamentals: The Hydra Node 1 launch enhances scalability and transaction efficiency, strengthening Cardano’s usability case.
• Watch key confirmation levels: A daily close above $0.90 would confirm bullish momentum; traders should manage risk with $0.70 as a key invalidation level.

Conclusion

Cardano’s near‑term outlook blends solid technical support with meaningful fundamental progress following the Hydra Node 1 release. The Cardano price outlook remains constructive while ADA sustains the $0.70–$0.76 support band and on‑chain upgrades continue to roll out. Market participants should monitor $0.90 as the primary breakout trigger and treat any move toward $1.44 as conditional on confirmed volume and momentum. For continuous coverage and technical updates, follow COINOTAG’s analysis and official project communications from Cardano Foundation and Input Output.