ADA Price Prediction: Cardano Targets $1.18 as Technical Breakout Signals 25% Upside
The post ADA Price Prediction: Cardano Targets $1.18 as Technical Breakout Signals 25% Upside appeared on BitcoinEthereumNews.com. Alvin Lang Aug 17, 2025 14:47 ADA price prediction points to $1.18 medium-term target as Cardano breaks above descending trendline with bullish momentum indicators supporting the forecast. ADA Price Prediction Summary • ADA short-term target (1 week): $1.05 (+8.2%) • Cardano medium-term forecast (1 month): $1.05-$1.18 range • Key level to break for bullish continuation: $1.02 • Critical support if bearish: $0.82 Recent Cardano Price Predictions from Analysts The latest ADA price prediction consensus among analysts reveals a remarkably bullish outlook for Cardano. Multiple sources have converged on similar targets, with Blockchain.News providing the most optimistic Cardano forecast at $1.18, representing a 25% upside from current levels. CoinEdition’s dual predictions of $1.05 and $1.0136 show consistency in short-term expectations, while CoinCodex’s AI model aligns closely with the $1.18 target at $1.181365. The convergence of these predictions around the $1.05-$1.18 range provides strong confidence in the forecast. Notably, all analysts cite technical breakout patterns as the primary driver, with Finbold’s AI model offering the most conservative range of $0.82-$1.05, which still maintains bullish bias above current support levels. ADA Technical Analysis: Setting Up for Bullish Continuation The Cardano technical analysis reveals a compelling setup for upward price movement. ADA has successfully broken above a multi-month descending trendline, trading at $0.97 with strong momentum indicators supporting further gains. The MACD histogram reading of 0.0180 confirms bullish momentum, while the MACD line at 0.0497 sits well above the signal line at 0.0317. Price action relative to moving averages presents a textbook bullish configuration. ADA trades significantly above all major moving averages, with the SMA 7 at $0.90, SMA 20 at $0.81, and SMA 200 at $0.72. This ascending structure indicates sustained buying pressure and trend continuation potential. The Bollinger Bands analysis shows ADA at a…
The post ADA Price Prediction: Cardano Targets $1.18 as Technical Breakout Signals 25% Upside appeared on BitcoinEthereumNews.com.
Alvin Lang Aug 17, 2025 14:47 ADA price prediction points to $1.18 medium-term target as Cardano breaks above descending trendline with bullish momentum indicators supporting the forecast. ADA Price Prediction Summary • ADA short-term target (1 week): $1.05 (+8.2%) • Cardano medium-term forecast (1 month): $1.05-$1.18 range • Key level to break for bullish continuation: $1.02 • Critical support if bearish: $0.82 Recent Cardano Price Predictions from Analysts The latest ADA price prediction consensus among analysts reveals a remarkably bullish outlook for Cardano. Multiple sources have converged on similar targets, with Blockchain.News providing the most optimistic Cardano forecast at $1.18, representing a 25% upside from current levels. CoinEdition’s dual predictions of $1.05 and $1.0136 show consistency in short-term expectations, while CoinCodex’s AI model aligns closely with the $1.18 target at $1.181365. The convergence of these predictions around the $1.05-$1.18 range provides strong confidence in the forecast. Notably, all analysts cite technical breakout patterns as the primary driver, with Finbold’s AI model offering the most conservative range of $0.82-$1.05, which still maintains bullish bias above current support levels. ADA Technical Analysis: Setting Up for Bullish Continuation The Cardano technical analysis reveals a compelling setup for upward price movement. ADA has successfully broken above a multi-month descending trendline, trading at $0.97 with strong momentum indicators supporting further gains. The MACD histogram reading of 0.0180 confirms bullish momentum, while the MACD line at 0.0497 sits well above the signal line at 0.0317. Price action relative to moving averages presents a textbook bullish configuration. ADA trades significantly above all major moving averages, with the SMA 7 at $0.90, SMA 20 at $0.81, and SMA 200 at $0.72. This ascending structure indicates sustained buying pressure and trend continuation potential. The Bollinger Bands analysis shows ADA at a…
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