Cardano’s native token ADA is trading at the $0.82 level on Tuesday, and its price remains rangebound. The altcoins are heading back in value after reaching $0.85, displaying weakness in the charts. A latest price prediction from Changelly indicates that Cardano’s ADA could find support at these levels this time around and go above $1 mark in October.
Also Read: Hoskinson Unveils Cardano’s Masterplan For Global Adoption
Cardano (ADA) Could Deliver Double-Digit Profits in October
Changelly forecasts that Cardano’s ADA could reach a high of $1.08 in October 2025. The average trading price for the altcoin could be around the $1.02 range. The minimum price would hover at the $0.95 level, and all of these are above its current price of $0.82.
Therefore, if Cardano’s ADA reaches the minimum level of $0.95 in October, it would be a surge of 16%. An investment of $1,000 could turn into $1,160 if the forecast turns out to be accurate. Even the minimum range for the altcoin generates good returns, and traders could make the most out of it.
Also Read: Cardano ADA 5-Year Price Forecast: $10 By 2030?
If Cardano’s ADA hits the maximum high of $1.08 in October, it would be a return on investment (ROI) of 32%. That’s stellar returns in a short period, as not every investment generates this much profit. If traders buy ADA worth $1,000 now, it could balloon to $1,320 next month if the forecast turns out to be accurate. The markets are bullish now despite the global uncertainties surrounding tariffs and trade wars.
This could potentially be the best time to take an entry position as the market is in a downturn. There is high volatility as institutional funds such as BlackRock are selling a part of their ETFs, according to recent data from Arkham. Therefore, traders can make use of the ongoing slump and take an entry position in Cardano’s ADA before the market recovers in October.