Despite signs of a short-term recovery after a week of constant losses from the cryptocurrency Cardano (ADA), the artificial intelligence (AI) model predicts that the token is capable of finishing August on a high note.
The OpenAI ChatGPT development concluded that by August 31, 2025, the price of $ADA
will fluctuate in the range of $0.82 to $1.05, provided the market situation remains stable and there are no significant shocks in the cryptocurrency space.
The artificial intelligence tool noted that at current levels, the ADA price is forming a symmetrical triangle on the daily chart, a technical pattern that often precedes significant price fluctuations.
According to statistics, after breakouts of similar patterns, ADA showed growth of 15% to 35%. Thus, a clear breach of the resistance level at $0.75 could pave the way to a range of $0.90 to $1.
The forecast also took into account the market context, particularly the ongoing correction of Bitcoin (BTC) and Ethereum (ETH). If Bitcoin maintains its current support level, ADA may follow suit, which corresponds to previous market cycles.
ChatGPT warned that a drop in Bitcoin below the support level of $105,000 could bring ADA down to the range of $0.68–$0.72. The baseline scenario remains between $0.82 and $0.95, while the optimistic scenario points to a jump to $1 and $1.05 if the situation improves.#altcoins #Ada #CryptoTalks #BinanceSquareTalks