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Cardano Price Prediction: ADA ETF Odds Near 90% – October SEC Decision Could Trigger Mega Rally

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Market members are more and more assured that ADA may quickly acquire regulated publicity in TradFi markets, fuelling a wave of bullish Cardano price predictions.

With the altcoin’s last ETF choice deadline set for October 26 and issuers like Grayscale advancing S-1 filings, prediction markets now worth in 87% odds of approval.

The optimism has reached close to consensus, with Bloomberg analysts estimating a 75% likelihood that the SEC will greenlight a Cardano spot ETF.

The schedule goes hand in hand with the CLARITY Act, anticipated to go the U.S. Senate round October, which stands to unlock sidelined capital from establishments ready on regulatory readability.

Adding gas, markets count on a base-case of fifty bps in U.S. rate of interest cuts earlier than year-end, beginning as quickly as September, with the potential to stimulate new demand for threat belongings like cryptocurrencies.

Market odds for 2025 rate cuts. Source: CME FedWatch tool.
Market odds for 2025 fee cuts. Source: CME FedWatch tool.

With SEC approval pending, Cardano has but to learn from TradFi market publicity, leaving potential huge demand untapped.

Cardano Price Prediction: Could October See a Mega Rally?

These stacking catalysts may gas a strong Cardano rally into October, beginning with the upcoming breakout of a bull flag sample that has fashioned over the previous month.

ADA / USD 1-day chart, bull flag fuels ascending channel breakout. Source: TradingView.
ADA / USD 1-day chart, bull flag fuels ascending channel breakout. Source: TradingView.

This continuation sample may see the Cardano worth resume its early August momentum as soon as it breaks free from consolidation.

This comes as momentum indicators present reversal indicators. The RSI is about to reclaim the impartial line at 50, suggesting consumers may quickly drive the following Cardano worth transfer.

More so, the MACD is closing in on a golden cross, set to rise above the sign line for the primary time since mid-August, typically a precursor to a brand new uptrend.

If absolutely realized, the breakout may set off a retest of the broader ascending channel forming since late July at $1.20, marking a 40% transfer from present costs.

With a breakout from this channel, the rally may prolong to $1.70 for a 105% acquire in September on the again of fee cuts, although it’s prone to discover resistance on the year-to-date high round $1.40.

Looking forward, an October spot ETF approval can be transformative, pushing ADA deeper into U.S. capital markets with substantial new demand past this technical setup.

With this catalyst, Cardano may revisit its all-time high close to $3 for a 255% upside, opening the door to new worth discovery with the following milestone at $5 for a possible 500% acquire.

The Next Bull Run Could See a Different Coin Explode

Every bull run has a handful of tokens that explode as a result of the neighborhood rallies behind them, and cash tied to the Doge model typically ship among the strongest social momentum.

It began with Dogecoin, then got here Shiba Inu, Floki, Bonk, Dogwifhat, Neiro, and, extra lately, Dowge. Each main bull run produces its personal Doge-themed runner.

This time round, speculators are eyeing Maxi Doge ($MAXI) as the following to go parabolic.

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