{"id":16187,"date":"2025-08-31T14:16:04","date_gmt":"2025-08-31T13:16:04","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=16187"},"modified":"2025-08-31T14:16:07","modified_gmt":"2025-08-31T13:16:07","slug":"how-grayscales-etf-could-catapult-cardano-to-new-heights","status":"publish","type":"post","link":"https:\/\/investx.fr\/en\/crypto-news\/how-grayscales-etf-could-catapult-cardano-to-new-heights\/","title":{"rendered":"How Grayscale’s ETF Could Catapult Cardano to New Heights"},"content":{"rendered":"\n

Cardano: 120% Rally on the Horizon?<\/h2>\n\n\n\n

The technical analysis of Cardano<\/a><\/strong> reveals a promising market structure, with a descending channel on the verge of breaking out. This event could pave the way for a substantial price increase for ADA.<\/p>\n\n\n\n

\"ADA<\/figure>\n\n\n\n

Currently trading<\/a> around $0.81<\/strong>, Cardano’s price has successfully broken through key support levels at $0.79<\/strong> and $0.75<\/strong>. The next resistance zones are located at $1.32<\/strong> and $1.80<\/strong>, representing a potential gain of approximately 120%<\/strong>.<\/p>\n\n\n\n

In case of a correction, maintaining the support at $0.73<\/strong> will be essential. On the upside, the resistance between $0.95 and $1.04<\/strong> must be broken with significant volume.<\/p>\n\n\n\n

Furthermore, the Stoch RSI<\/strong> indicator, currently at 5.70<\/strong>, signals oversold conditions. This type of technical configuration often precedes bullish rebounds, reinforcing the positive momentum for Cardano.<\/p>\n\n\n\n

Grayscale ETF: A Catalyst for ADA?<\/h2>\n\n\n\n

Grayscale’s recent amended filing with the SEC has increased the chances of a Cardano ETF approval to nearly 87%<\/strong>, an 11%<\/strong> increase in just one week. This initiative has sparked renewed enthusiasm among institutional investors.<\/p>\n\n\n\n

Indeed, the proposed fund would offer direct exposure to ADA via Coinbase<\/a> Custody<\/strong>, ensuring a secure option. This development could attract new institutional capital, thus supporting Cardano’s price in the coming months.<\/p>\n\n\n\n

The combination of a promising technical structure and positive developments surrounding a potential Cardano ETF<\/strong> creates a favorable environment<\/strong> for this cryptocurrency. Investors can therefore anticipate significant growth for ADA, with a potential return of 120%<\/strong> on the horizon.<\/p>\n\n\n\n

How to Buy Cardano (ADA) on Bitget?<\/h2>\n\n\n\n

Buying Cardano (ADA) on Bitget is a simple and efficient process, ideal for investors looking to capitalize on ADA’s bullish potential. With medium-term targets at $1.4 and $1.8<\/strong>, ADA could even return to its peaks of over $2<\/strong>.<\/p>\n\n\n\n

Here’s a detailed guide incorporating the use of GetAgent, Bitget’s AI trading agent:<\/p>\n\n\n\n

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  1. Sign up on Bitget<\/strong>: Create an account on Bitget<\/a> and complete identity verification to unlock all trading features.<\/li>\n\n\n\n
  2. Deposit funds:<\/strong> Fund your account with fiat currency (EUR, USD) via bank card, SEPA transfer, or stablecoins like USDT.<\/li>\n\n\n\n
  3. Access the spot market<\/strong>: Navigate to the “Spot” section and select the ADA\/USDT or ADA\/EUR pair depending on your currency.<\/li>\n\n\n\n
  4. Optimization with GetAgent<\/strong>: Activate GetAgent, Bitget’s AI tool, to analyze market trends in real-time. Configure your parameters (e.g., buying at a target price or dollar-cost averaging strategy) so GetAgent can automatically execute optimized orders, reducing risks and maximizing opportunities on ADA.<\/li>\n\n\n\n
  5. Place a buy order:<\/strong> Choose a market order for immediate purchase or a limit order for a specific price. Confirm your transaction.<\/li>\n<\/ol>\n\n\n\n
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    Buy ADA on Bitget and get $10 instantly!<\/a><\/div>\n<\/div>\n\n\n\n

    Related topics: <\/strong><\/p>\n\n\n\n