ADA/USDT recovers from a steep sell-off as buying pressure strengthens near key demand zones
Cardano (ADA) has staged a strong comeback this week, rebounding after what analysts describe as a major accumulation phase that absorbed intense selling pressure. The move follows a deep correction across the crypto market, which saw over $20 billion in leveraged positions liquidated earlier this month.
After plunging to as low as $0.25, ADA has since surged back to around $0.65, marking an impressive recovery from its October lows. The rally appears to have originated from a well-defined green demand zone, where institutional buyers and long-term holders have historically accumulated positions.
“The recent drop looks like a liquidity sweep followed by strong buying at support,” explained BITX technical analyst. “This pattern often signals a reversal when the market confirms volume-backed accumulation.”
The daily chart shows ADA breaking out from a descending wedge pattern, which had capped prices for several months. The breakout, combined with rising volume, suggests growing conviction among buyers.
Experts note that the $0.60–$0.70 region now acts as an important short-term support level, while resistance sits near $0.85 and $1.00, where previous rallies stalled.
“If ADA can hold above its current accumulation range, the next upside target could approach the $0.90 area,” said one of BITX market strategist. “A weekly close above $0.75 would confirm momentum continuation.”
Cardano’s rebound coincides with a broader market recovery following the historic liquidation event that affected Bitcoin and Ethereum. Bitcoin’s bounce above $110,000 and Ethereum’s return near $3,900 helped stabilize sentiment across major altcoins.
Cardano’s renewed strength suggests that long-term investors are re-entering the market after weeks of panic selling. BITX Analysts emphasize that the asset’s strong support base and rising volume profile point to a potential trend reversal if global risk appetite continues to recover.
For now, ADA’s surge after heavy accumulation highlights resilience in the face of market-wide volatility, positioning it as one of the more technically promising altcoins in October 2025.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.