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? ADA price dynamics (Source: TradingView) 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 .
