Cardano stabilizes at $ 0.80: insight into the new Google Cloud partnership!

Cardano stabilizes at $ 0.80: insight into the new Google Cloud partnership!

Cardano (ADA) stabilized over the $ 0.80 mark on Wednesday, October 2, 2025 after the price rose by almost 2 % on Tuesday. The latest stability is supported by the latest partnership with Google Cloud, which aims to promote data protection-oriented and zero-knowledge digital systems. This cooperation could increase the interest of developers in the Cardano ecosystem and at the same time drive the innovative strength of blockchain technology, such as [fxstreet.com] (https://www.fxstreet.com/cryptocurrencies/news/cardano-price-forecast-ada-steadies-midnight- and-google-Cloud-union-202510010602).

Google Cloud will provide confidential computing and mandiant threat monitoring services and also offer $ 200,000 in loans through the Google for Startups Web3 program. These measures could make a decisive contribution to increasing the attractiveness of Cardano for new developer projects. Cardano acts at $ 0.8000 on Wednesday, but is under the pressure of the 100-day exponential moving average (EMA), which is $ 0.8055.

Market development and investor behavior

On-chain data show that the proportion of the overall offer of ADA, which is at a profit, has increased. This is now 69.69 % compared to 63.63 % on Friday. In addition, investors slow down their profit from which in a decline in sales pressure. According to the Santiment data, the Network Realized Profit/Loss (NRPL) fell from 33.71 million ADA to only 1.53 million ADA on Tuesday.

Cardano's consolidation phase now lasts three days after an increase of 3.55 % was recorded on Sunday. Momentum indicators indicate a decline in sales pressure, whereby the relative strength index (RSI) is currently 43. Investors show a growing interest, which is also expressed in the approaching approach of the moving average convergence divergence (MACD). This development could indicate a possible bullish trend reversal.

Resistance levels and market prospects

If an upward trend occurs, the resistance level at $ 0.9182 (50% retracement) and $ 1.0145 (61.8% Fibonacci retracement) are important. If, on the other hand, there is a relapse of the 100-day EMA at $ 0.8055, this could lead to a further decline in the 200-day EMA at $ 0.7697. The current market situation for Cardano remains tense, while at the same time positive developments in the field of partnerships and user interactions can be observed.

Overall, the combination of technical stability and strategic partnerships offers a promising outlook on the future development of Cardano in a dynamically changing market.