Cardano (ADA) Price Prediction for August 17, 2025: Can ADA Hold $0.95 Breakout To Target $1.05 Next?
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Cardano has staged a sharp recovery, with Cardano price today moving to $0.95, reclaiming key technical levels after weeks of consolidation. Positive exchange netflows and structural breakouts across multiple timeframes have backed the rally, setting the stage for heightened volatility into August 17.
What’s Happening With Cardano’s Price?
On the daily chart, ADA has broken out of a long-term descending trendline that had capped upside since early 2025. Price surged above $0.90, retesting the former resistance band as new support.
The breakout has been reinforced by the Bollinger Bands expanding upward, with the upper band now at $0.9486, showing fresh volatility cycle expansion. Dynamic levels are aligned favorably for bulls. The EMA cluster (20/50/100/200) has flipped into a bullish order, with the 20 EMA at $0.8275 and the 200 EMA at $0.7214, all of which are stacked below the current price. This alignment signals that the medium-term trend has turned decisively bullish.
The channel projection shows ADA testing the R4 pivot at…
The post Cardano (ADA) Price Prediction for August 17, 2025: Can ADA Hold $0.95 Breakout To Target $1.05 Next? appeared first on Coin Edition.
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