#ADA Technical Analysis For August 10, 2025

Support and Resistance Levels:

Support: Key support levels are around $0.73–$0.78, with $0.70 as a critical lower support if momentum fades.

Resistance: Immediate resistance is at $0.81, a major liquidity zone. A breakout above $0.81 could target $0.90–$0.96, with some analysts eyeing $1.03–$1.20 if bullish momentum persists.

Action: Monitor if ADA breaks above $0.81 or falls toward $0.73–$0.78 for potential buying or selling opportunities.

Volume:

Trading volume has surged, with reports of $1.5 billion to $3.36 billion daily in early

August, signaling strong market interest.

Action: Look for increasing volume on price breakouts to confirm strength or decreasing volume on pullbacks to gauge weakness.

Chart Patterns

Bullish Engulfing Pattern: Observed on weekly charts, indicating strong buying pressure and potential for an uptrend continuation.

Broadening Channel: Some analysts note ADA trading within a broadening channel, with potential targets at $2.50 if it breaks the upper channel line.

Cup and Handle: A bullish cup-and-handle pattern has been identified, with breakout targets ranging from $0.92 to $4.00, though this is a longer-term projection.

Action: Check daily or weekly charts for these patterns. A breakout above the handle or channel resistance could signal a strong move.

Price Outlook for August 10, 2025

Short-Term (Today): ADA is likely consolidating around $0.75–$0.81. A break above $0.81 could target $0.90–$0.96, while failure to hold $0.73 may lead to a pullback toward $0.70.

Bullish Scenario: If bullish momentum continues (supported by volume and MACD/RSI), ADA could test $0.81 today and aim for $0.90–$0.96 by mid-August.

Bearish Scenario: A drop below $0.73 could see ADA revisit $0.70 or lower, especially if broader market sentiment turns bearish.

Optimistic Projections: Some analysts predict $1.50 by late August if catalysts like Hydra or market rallies align, though this is less likely for today.