Cardano (ADA) Breaks $0.95 Resistance With Bullish EMA Alignment

Cardano (ADA) is currently positioned at $0.95, having broken out of a long-term descending trendline that had restricted upside movement since early 2025. This breakout has retested the former resistance level of $0.90 as new support, signaling a shift in momentum. The Bollinger Bands are expanding upward, with the upper band now at $0.9486, indicating a fresh volatility cycle. The exponential moving average (EMA) cluster—comprising 20, 50, 100, and 200-day periods—has flipped into a bullish alignment, with all EMAs currently positioned below the price [1].

The technical outlook remains encouraging, with the EMA 20 at $0.8275 and the EMA 200 at $0.7214, both supporting the bullish trend. On the 30-minute chart, ADA is consolidating within a symmetrical triangle, with the volume-weighted average price (VWAP) acting as intraday support near $0.9554. The RSI stands at 51.8, suggesting a neutral stance after a strong upward move, which leaves room for further gains without overheating [1].

On-chain data reveals a net inflow of $3.78 million on August 16, the first significant positive spot flow in weeks. This accumulation aligns with the price reclaiming $0.95 and reflects growing interest from both institutional and retail investors. Volume metrics also support the upward move, with ADA breaking above a key liquidity marker at $0.95 and showing signs of building toward the next liquidity pool near $1.05 [1].

From a price prediction standpoint, the short-term outlook for ADA hinges on whether the bulls can maintain control above the $0.95 breakout zone. If ADA sustains above this level, the path could open toward $1.05, with Fibonacci and channel confluence suggesting a potential target of $1.17 as the next medium-term extension. On the downside, a rejection below $0.93 would shift focus back to $0.90, the immediate support. A further breakdown could lead to a pullback toward $0.85 and the EMA20 cluster near $0.82 [1].

The current price action reflects a bullish technical setup, supported by positive netflows and structural breakouts across multiple timeframes. Traders should remain cautious, however, as volatility is expected to rise near the psychological $1.00 resistance level. Given the bullish EMA alignment, breakout structure, and accumulation patterns, ADA maintains an upside bias, provided momentum holds [1].

Source: [1] Cardano (ADA) Price Prediction for August 17, 2025: Can ADA Hold $0.95 Breakout To Target $1.05 Next? (https://coinedition.com/cardano-ada-price-prediction-for-august-17-2025/)