Cardano (ADA) Price Prediction for August 20
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The Cardano price is consolidating around $0.93 after strong gains earlier this month lifted ADA from July lows near $0.60 to a high of $0.97. Sellers have capped the advance at the resistance zone just under $1.00, and the market is now coiling inside a symmetrical triangle pattern. This tight range highlights indecision as bulls defend recent breakout levels while bears pressure near the upper bound.
Cardano Price Forecast Table: August 20, 2025
Indicator/Zone | Level / Signal |
Cardano price today | $0.93 |
Resistance 1 | $0.97 |
Resistance 2 | $1.03 |
Support 1 | $0.91 |
Support 2 | $0.88 |
Major Support Cluster | $0.73 |
EMA Cluster (4H) | $0.89–$0.93 (Neutral Support) |
Bollinger Bands (4H) | Tightening, breakout likely |
Supertrend (4H) | Bearish below $0.95 |
DMI | Weak trend, ADX declining |
Spot Netflow (Aug 19) | -$5.62M (bearish exchange flows) |
What’s Happening With Cardano’s Price?
On the daily chart, ADA remains above its key breakout base near $0.73, where a large volume profile node confirms strong demand. The sharp rally from late July was supported by sustained inflows, but the current stall reflects fading momentum near the $0.97–$1.00 ceiling.
The post Cardano (ADA) Price Prediction for August 20 appeared first on Coin Edition.
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