Cardano ADA Gains 1% as Bulls Test $0.85–$0.86 Resistance Zone

Cardano (ADA) is currently trading at $0.849, having gained nearly 1% within the intraday session as buyers continue to test a key resistance zone near $0.85–$0.86. Over the past week, bullish momentum has been building due to positive spot netflow and favorable structural breaks on shorter timeframes. Analysts are closely watching whether ADA can break through the 50% Fibonacci retracement level at $0.919 and the confluence of the descending trendline resistance [1].

Key price levels to monitor include Resistance 1 at $0.860, Resistance 2 at $0.919, Support 1 at $0.822, and Support 2 at $0.800. The 61.8% weekly Fibonacci level is at $1.015, while the EMA cluster on the 4-hour chart shows the 20 EMA at $0.810, 50 EMA at $0.791, 100 EMA at $0.780, and 200 EMA at $0.760. The RSI on the 30-minute chart stands at 60.14, indicating a neutral-bullish bias [1].

ADA is currently holding above the session VWAP at $0.8478 after reaching an intraday high of $0.8551. The 4H Bollinger Band upper band is currently at $0.857, marking the first near-term hurdle. A decisive close above this level with volume confirmation could drive the price toward the $0.88–$0.90 range. If the price is rejected, a pullback to $0.82–$0.81 is expected as the primary retracement scenario [1].

The 4-hour chart reveals a series of bullish CHoCH (Change of Character) patterns, with the most recent breakout clearing the $0.84 liquidity zone. The DMI on the same timeframe shows a bullish directional bias, with +DI at 28.65 above -DI at 19.69, and ADX at 13.44 indicating that the trend strength is still developing [1].

Spot netflow data from August 13 shows a positive inflow of $1.45 million, marking a shift from the outflows seen throughout most of Q2. This suggests fresh accumulation pressure and supports the recent upward movement in ADA’s price [1].

On the weekly chart, ADA is sitting just above the 0.382 Fibonacci retracement level at $0.822. The next key target is the 0.5 retracement level at $0.919. The LuxAlgo trendline break signal from earlier this quarter remains active, and the long-term pivot resistance is around $0.970. The structure on the higher timeframe has shifted from a deep corrective phase to a base-building pattern, with $0.703 acting as the main higher low [1].

The daily chart shows ADA pressing against the upper boundary of a descending triangle that has capped upside since February. This trendline coincides with supply between $0.86 and $0.90, making this zone critical for breakout confirmation. Immediate support is at $0.80–$0.82, which also aligns with previous consolidation in late July [1].

The short-term outlook for ADA hinges on the breakout attempt at $0.86. Clearing this level would open the path toward the $0.90–$0.92 resistance band, aligning with the 0.5 Fibonacci retracement. Beyond that, $0.970 marks a key weekly target for trend continuation. Failure to maintain above $0.84 could lead to a retest of the $0.822 support, followed by $0.80. A break below $0.80 would shift short-term sentiment toward $0.78 and potentially $0.76, where the 200 EMA (4H) is located [1].

Given the bullish EMA alignment, positive netflow, and improving higher timeframe structure, the bias remains cautiously optimistic. Traders should, however, closely monitor the reaction at $0.86–$0.90 for signs of breakout follow-through or rejection [1].

Source:

[1] Cardano (ADA) Price Prediction for August 14

https://coinedition.com/cardano-ada-price-prediction-for-august-14-2025/