Will ADA rebound or slide further?
The post Will ADA rebound or slide further? appeared on BitcoinEthereumNews.com.
Cardano is under pressure after slipping below the key $0.85 support level, with its current price hovering around $0.85. This move comes after several failed attempts to reclaim the $0.95–$1.00 range, raising concerns among traders and investors. The market is now closely watching whether ADA can stabilize at current levels or if bearish momentum will drag the token lower toward $0.73. Summary ADA slipped below key $0.85 support, now trading near $0.844, with resistance at $0.85–$0.90 and major resistance around $0.95–$1.00. Downside risk increases if price falls below $0.82, with $0.73 as the next target amid ongoing bearish pressure. Bullish recovery requires reclaiming $0.85 and breaking above $0.90 to challenge $0.95–$1.00 and shift short-term momentum. Long-term ADA price forecast depends on Cardano ecosystem growth, adoption, and upcoming network upgrades. Current Cardano price prediction remains bearish unless bulls regain control above $0.85 with increased volume. Current ADA price scenario At the time of writing, Cardano (ADA) is trading near $0.844, having broken below its recent support at $0.85. ADA 1-day chart, August 2025 | Source: crypto.news The immediate resistance now sits in the $0.85–$0.90 range, with heavier selling pressure expected between $0.95 and $1.00, where Cardano has faced repeated rejection in recent weeks. On the downside, support levels are gradually shifting lower. If Cardano keeps falling, the next level traders are keeping an eye on is $0.82 — and if things don’t improve, $0.73 could be the next stop. Upside outlook If ADA wants to get back on track, it’s got to reclaim that $0.85 mark and hold it — no more fakeouts. A steady push past $0.90 could get traders excited again and might give it the boost it needs to take another swing at $0.95–$1.00. Break through that zone, and suddenly the Cardano outlook doesn’t look so bad. But…
Filed under: News - @ August 27, 2025 2:28 am