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Crypto Prune > News > Crypto > Cardano > Cardano falls to October 2023 low: Will ADA fall below 20 cents?
Cardano

Cardano falls to October 2023 low: Will ADA fall below 20 cents?

3 hours ago 2 Min Read

Cardano (ADA) has fallen to the $0.26 price level, the price level it last traded in October 2023. The asset will struggle to gain momentum throughout 2025, and its bearish trajectory will continue into 2026. According to CoinGecko data, ADA price has fallen 10.7% in the last week, 24.2% on the 14-day chart, and 32.3% month-over-month. The asset is also down 62.4% since February 2025 and more than 91% from its all-time high of $3.09 reached in September 2021. In this price prediction article, we will discuss whether the 13th largest crypto asset by market capitalization will fall below the 20 cent mark or if Cardano (ADA) will bounce back soon.

Cardano Price Prediction: Will ADA fall below the 20 cent mark?

Cardano (ADA) fell to the 24 cents level earlier this month as Bitcoin (BTC) fell to the $62,000 price level. However, ADA price found some relief after BTC regained the $71,000 level. However, ADA may suffer a similar fate as BTC faced rejection at $71,000 and is now below $69,000 today, February 10, 2026.

Cardano (ADA) has been gradually declining in price since December 2024. The asset hasn’t seen much price movement for most of 2025 and faced a sharp correction during the October market crash. The crypto sector has been hit hard by macroeconomic uncertainty and geopolitical tensions. The market crash worsened due to the liquidity crunch, with BTC falling to the $62,000 level.

CoinCodex analysts are quite bullish on Cardano (ADA) in the coming months. The platform does not expect the asset to fall further from its current level. CoinCodex predicts ADA to rise to $0.4250 on April 17, 2026. It would require an increase of around 60.6% from the current price level to reach $0.4250. If you buy Cardano (ADA) at the current price and sell it once it reaches the $0.4250 target, you can make a significant profit.

See also  Cardano: Two reasons why ADA can jump even 60% more in 2025
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