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Cardano (ADA) Price Prediction for August 20

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Cardano-ADA-Price-Prediction-Analysis

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/ZoneLevel / 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
DMIWeak trend, ADX declining
Spot Netflow (Aug 19)-$5.62M (bearish exchange flows)

What’s Happening With Cardano’s Price?

ADA price dynamics (Source: TradingView)

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.

ADA price d…

The post Cardano (ADA) Price Prediction for August 20 appeared first on Coin Edition.

4h ago
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