Cardano Wave Analysis – 2 October 2025

Cardano: ⬆️ Buy

– Cardano reversed from support zone

– Likely to rise to resistance level 0.936

Cardano cryptocurrency recently reversed up from the support zone between the strong support level 0.7630 (which has been reversing the price from the start of August) and the lower daily Bollinger Band.

The support level 0.7630 was further strengthened by the 50% Fibonacci correction of the sharp upward ABC correction (B) from the end of June.

Given the strength of the support level 0.7630, Cardano cryptocurrency can be expected to rise to the next resistance level 0.936 (top of the earlier waves 2 and ii).

Source: https://fxpro.news