Cardano (ADA) Price Prediction for August 9
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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…
The post Cardano (ADA) Price Prediction for August 9 appeared first on Coin Edition.
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