Cardano (ADA) Price Prediction for July 21, 2025: ADA Reclaims $0.85 as Bulls Confront Key Resistance
The Cardano price today is trading around $0.857 after a strong upside move that lifted the asset from $0.60 lows in early July. ADA is now retesting a key resistance area around $0.88, marked by prior liquidity and labeled as a weak high. With structure reclaim and rising momentum, traders are watching for a breakout or rejection as volatility builds.
What’s Happening With Cardano’s Price?
On the daily chart, ADA has completed a clean Break of Structure (BOS) and reclaimed a key smart money zone above $0.83. Price has now pushed into a previous inefficiency zone, with $0.88 acting as a short-term barrier. The Change of Character (CHoCH) zones around $0.75 and $0.84 have flipped, showing growing bullish intent after months of lower highs and compressed ranges.
Meanwhile, the weekly Fibonacci retracement from the $0.27 bottom to the $1.32 top shows that ADA is currently hovering just above the 0.5 Fib level at $0.80. Price has also broken out of a long-standing descending channel, confirming structural reversal from a macro downtrend. This technical development strengthe…
The post Cardano (ADA) Price Prediction for July 21, 2025: ADA Reclaims $0.85 as Bulls Confront Key Resistance appeared first on Coin Edition.
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Cardano (ADA) Price Prediction for July 21, 2025: ADA Reclaims $0.85 as Bulls Confront Key Resistance
The Cardano price today is trading around $0.857 after a strong upside move that lifted the asset from $0.60 lows in early July. ADA is now retesting a key resistance area around $0.88, marked by prior liquidity and labeled as a weak high. With structure reclaim and rising momentum, traders are watching for a breakout or rejection as volatility builds.
What’s Happening With Cardano’s Price?
On the daily chart, ADA has completed a clean Break of Structure (BOS) and reclaimed a key smart money zone above $0.83. Price has now pushed into a previous inefficiency zone, with $0.88 acting as a short-term barrier. The Change of Character (CHoCH) zones around $0.75 and $0.84 have flipped, showing growing bullish intent after months of lower highs and compressed ranges.
Meanwhile, the weekly Fibonacci retracement from the $0.27 bottom to the $1.32 top shows that ADA is currently hovering just above the 0.5 Fib level at $0.80. Price has also broken out of a long-standing descending channel, confirming structural reversal from a macro downtrend. This technical development strengthe…
The post Cardano (ADA) Price Prediction for July 21, 2025: ADA Reclaims $0.85 as Bulls Confront Key Resistance appeared first on Coin Edition.
Read More