Cardano Price Prediction: Hydra Node 1.0 Launch Sparks Fresh Optimism

Cardano price today is trading near $0.815, consolidating just above the $0.80 ascending trendline support after a volatile week. Sellers tested the lower triangle boundary multiple times, but buyers have managed to hold this key zone as sentiment steadies around the Hydra upgrade.

The 4-hour chart shows ADA trading inside a symmetrical triangle pattern, with lower support anchored near $0.80 and resistance forming around $0.839. The 20- and 50-EMAs are clustering at $0.824 and $0.832, creating a short-term pivot zone that may dictate direction heading into the weekend.

If ADA closes above $0.839, it could initiate a bullish reversal toward $0.86 and $0.88. However, failure to hold above $0.80 could expose the $0.78–$0.76 demand zone, where buyers previously triggered rebounds in late September.

Momentum indicators remain subdued, with the RSI hovering near 43, reflecting mild bearish bias but oversold proximity. The structure suggests that volatility compression may soon lead to a decisive breakout.

Fundamentally, Cardano has regained investor attention after the official release of Hydra Node 1.0, a long-awaited scaling protocol designed to deliver lightning-fast, low-cost transactions. The protocol achieved speeds exceeding 1,000,000 transactions per second (TPS) during testing, positioning Cardano as a contender in high-throughput blockchain infrastructure.

Community reaction has been notably positive, with over 22,000 engagements on the official Hydra announcement post. Analysts suggest that sustained developer adoption around Hydra could reignite network activity and offset recent price stagnation, especially as ADA approaches critical technical thresholds.

Exchange flow data from Coinglass reveals a $1.41 million net outflow on October 10, indicating light accumulation but not yet a strong trend reversal. Over the past month, ADA’s flow structure has remained mixed, with alternating inflows and outflows signaling cautious positioning among traders.

While outflows typically suggest accumulation, the muted scale implies a lack of aggressive institutional participation. Open interest has remained flat, reflecting that speculative leverage has yet to return. For ADA to sustain upside momentum, stronger inflows exceeding $20 million would be needed to confirm renewed market conviction.

Cardano’s triangle structure continues to tighten between the $0.80 support and $0.84 resistance levels. The 100-EMA currently aligns with $0.834, reinforcing this area as a decisive breakout zone. A bullish breakout above $0.84 could open the path to $0.88 and $0.90, where prior supply rejections occurred.

Conversely, a breakdown below $0.80 would weaken the ascending trendline and likely drive ADA toward the $0.76–$0.75 liquidity pocket, coinciding with the July consolidation base. The RSI’s neutral stance near 43 supports a wait-and-see market mode, with neither bulls nor bears showing strong dominance.

The Cardano price prediction for the near term hinges on whether the Hydra launch can translate into sustained on-chain growth before sellers force a technical breakdown. The Hydra milestone is fundamentally supportive, but without stronger inflows or a decisive close above $0.839, the market may remain range-bound.

Analysts maintain a cautiously optimistic bias as long as ADA stays above $0.80. A confirmed breakout above $0.84 would validate a short-term bullish reversal, targeting $0.88–$0.90 next, while losing $0.80 could delay the recovery and shift focus back toward $0.76 support.