Cardano (ADA) Price, Chart, Market Data & Insights
As of August 08, 2025, Cardano (ADA) is trading at approximately 0.798 USD, reflecting a 7.57% increase from the previous close.
$0.798
+$0.06 (7.57%)
Current Price | 24h Price Change | 7-Day Avg Price | Support Level | Next Resistance |
$0.798 USD | 7.57% | $0.798 USD | $0.301 USD | $1.26 USD |
📈 Technical Analysis Summary
- Price Movement: The 7.57% increase indicates Bullish momentum; renewed investor confidence.
- 7-Day Average Comparison: Trading below the 7-day average ($0.798 USD); weak or consolidating trend; watch for support breakdown.
- Support and Resistance Levels: Price is above support ($0.301 USD); confirms bullish base. Room for growth before hitting resistance ($1.26 USD).
- RSI Analysis: RSI at 53.60 indicates Neutral zone; balanced market.
- MACD Analysis: Negative MACD (-0.01); suggests bearish momentum.
📊 Market Sentiment
Indicator | Value | Interpretation |
---|---|---|
RSI | 53.60% | Neutral; neither overbought nor oversold |
MACD | -0.01 | Bearish; suggests downward momentum |
Above 7-Day Avg? | No | Indicates bearish pressure or cooling off |
Above Support? | Yes | Suggests price stability above support. |
Cardano Price Prediction Preview
Forecast Range | Prediction Trend |
---|---|
Daily | 📉 Bearish — Caution in the short term due to weakening indicators |
Weekly | 🔻 Weak — Risk of short-term pullback if support breaks |
Monthly | N/A |
Yearly | 🌐 Long-Term Uptrend — Range between $1–$1 possible by year-end for ADAUSD |
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