ETH At $4,000, ADA At 65 Cents: This Next Move Could Make Or Break Altcoins

Ethereum (CRYPTO: ETH) is battling to hold the $4,000 level while Cardano (CRYPTO: ADA) clings to $0.65, with both charts nearing breakout zones that could decide the next altcoin rally.

Cardano Price Nears Explosive Breakout After Year of Sideways Trading

ADA Key Technical Levels (Source: TradingView)

Cardano’s price structure that began in November 2024 is reaching its apex. 

The token trades around $0.67 as of Oct. 15, after sliding toward the lower boundary of a long-term symmetrical triangle.

The daily chart shows consolidation between descending resistance from the $1.50 peak and ascending support near $0.42. 

ADA recently retested this base after rejection at $0.95 earlier in October. 

Major EMAs now act as layered resistance between $0.77 and $0.84. 

The Parabolic SAR aligns near $0.84, reinforcing this ceiling.

A drop below $0.65 could expose stronger demand near $0.55 to $0.58. 

A rebound above $0.77 may open targets at $0.80 and $1.00 if momentum improves.

ADA On-Chain Flows and Derivatives