Cardano (ADA) Price Prediction for August 9

Cardano price has moved sharply higher in recent sessions, recovering from early August lows near $0.68 to test the $0.80 zone. This upside push comes after a clean breakout from a descending trendline on the 4-hour chart, supported by rising derivatives interest and strong spot volume. The current challenge lies in overcoming the $0.81–$0.82 resistance, a zone that has capped rallies in the past month.

Cardano Price Forecast Table: August 9, 2025

Indicator/Zone	Level / Signal
Cardano price today	$0.8030
Resistance 1	$0.8120
Resistance 2	$0.8500
Support 1	$0.7900
Support 2	$0.7600
EMA Cluster (4H)	Bullish Stack Above $0.7445
Bollinger Bands (4H)	Expanding, Breakout Phase
RSI (30-min)	70.41 (Overbought, bullish)
MFI (4H)	85.37 (Overbought inflow)
Parabolic SAR (4H)	Bullish below $0.7419
DMI (4H)	+DI Leads, ADX Rising
Supertrend (4H)	Bullish above $0.7465
Open Interest	$1.45B (+9.29%), Long Bias

What’s Happening With Cardano’s Price?

On the daily chart, ADA price has rebounded from the $0.68–$0.70 support band, which also aligns with the lower Bollinger Band and a multi-month ascending trendline. The rebound has driven price back toward t…

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