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Cardano Price Falls 4% Even As ADA Founder Charles Hoskinson Says It Will ‘Break The Internet’
['Evans Karanja', 'Updated']
InsideBitcoins.com
Cardano is going to break the internet — Charles Hoskinson (@IOHK_Charles) September 19, 2025X user Sturgis Steel said there was too much focus on what the comments mean for Cardano’s price, while Hoskinson was, he claimed, referring to technology.
“Listen to a few of his live streams what he’s building is useful, this is what he’s referring to,” he said.` He’s not hinting at the price going up with this comment.
Cardano Price Riding The Rising Channel PatternThe ADA price is trading at $0.898, holding firmly within a rising channel pattern that has been in play since mid-July.
Key Fibonacci retracement levels add further context, with ADA trading above the 0.382 level at $0.8363 and now testing resistance near the 0.236 level at $0.9056.
However, if the price slips below the 200-day SMA, downside targets could extend to $0.64, weakening the bullish case.
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