$ADA

Cardano (ADA) for today (August 14, 2025):

⚡ **Key Developments**

- **Price Surge**: ADA surged **20% in 24 hours**, breaking the critical $1 psychological barrier (now trading at **$1.01**), fueled by spot net inflows of **+$1.45M** and whale accumulation .

- **Technical Breakout**: Cleared the **$0.85–$0.86 resistance zone**, with next targets at **$1.17–$1.18** (near-term) and **$1.20–$1.43** (bullish scenario) .

- **Support Levels**: Strong defense at **$0.95–$1.00**; failure to hold may trigger a dip to **$0.82–$0.80** .

📊 **Indicators & Sentiment**

- **Bullish Signals**:

- EMA cluster (20/50/100/200) trending upward → **$0.760–$0.810** .

- RSI at **60.14** (neutral-bullish), DMI showing **+DI > -DI** .

- Bollinger Band expansion → volatility surge .

- **Catalysts**: Network upgrade (+15% transaction speed), institutional backing (**$50M inflow**) .

⚠️ **Risks to Monitor**

- Profit-taking near $1 may cause pullbacks .

- Broader market dependency: Bitcoin stability critical for ADA’s momentum .

💎 **Verdict**

**Short-term bias: Bullish** – Hold above $1 opens path to **$1.20+**. Watch volume and Bitcoin for confirmation .