$ADA hits fresh August high
Cardano has surged from the August 4th low of $0.6838 to $0.8771, delivering a strong +28.3% rally 📈. Price briefly touched $0.8894 before easing slightly.
🔍 Key Levels to Watch:
Resistance: $0.8894 — a breakout here could pave the way toward the $0.8996 psychological barrier.
Support: $0.8544 — holding this keeps momentum on the bull side; below it, $0.8092 may come into play.
⚡ Market Sentiment:
A surge in volume has fueled this sharp upside move, with ADA now at its highest level in over a month. Bulls are in control, but short-term consolidation is possible before another leg higher.
📊 Summary:
Low: $0.6838
Current: $0.8771 (+28.3% from low)
Next Bull Target: $0.8996
Support to Hold: $0.8544