Cardano falls by 4% while Hoskinson says that he will “break the internet”

The Cardano price has plunged 4% in the past 24 hours to negotiate $ 0.898 at 9:29 pm even if its founder says it will “break the internet”.

The founder of the ADA, Charles Hoskinson, comments in an article on September 19 on X, causing a generalized discussion on social networks.

Cardano will break the internet

– Charles Hoskinson (@iohk_charles) September 19, 2025

X Sturgis Steel’s user said there was too much accent on what the comments meant for the Cardano Prize, while Hoskinson was, he said, referring to technology.

“Listening to some of his live flows what he is building is useful, that’s what he is referring to,” he said. “It is not referring to the price that increases with this comment. It simply says that technology will be used everywhere.”

Another user said sarcastically “cardano cannot even break the resistance”, while another has changed the Hoskinson post to have it read “,” Cardano will break “.

The prediction came after Hoskinson Recently revealed that Cardano launched a development model “according to the tube” intended to accelerate the upgrading of hemoboros Leios.

Cardano price on the upward channel model

THE Ada Price is negotiated at $ 0.898, holding firmly in an increasing channel model which has been at stake since mid-July.

The price structure is defined by highest stockings and ups and higher ups, reflecting the bullish force. Fibonacci key levels add an additional context, ADA Trading higher than a level from 0.382 to $ 0.8363 and now testing resistance near 0.236 to $ 0.9056.

Above all, the ADA is also supported by a gold cross, where the simple 50-day mobile average ($ 0.8521) is above the 200-day SMA ($ 0.73,54).

The relative resistance index (RSI) currently reads 54.37, placing it in neutral territory. This shows that there is still a significant increase in potential before the ADA approaches the increases of commissioned above 70.

Meanwhile, the divergence of mobile average convergence (MacD) also shows the strength, the blue MacD line positioned just above the orange signal line and the histogram bars becoming positive, indicating that the momentum of buyers is built regularly.

ADA seems to be well positioned to try an escape around $ 1,0175, a decision that will mark a gain of approximately 20% compared to its current price.

However, if the price slides below the 200 -day SMA, the drop targets could extend to $ 0.64, weakening the bullish case.

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