Cardano ($ADA ) Price Update — August 16, 2025

ADA is trading at $0.9067, down ~3.5% today, but don’t let the dip fool you—this token is tightening momentum like a spring ready to launch.

ADA has broken out of its long-term descending channel and retested the $0.94–$0.96 zone like a champ. A confirmed bull flag breakout on the 3-day chart hints at a 100–150% rally, potentially cruising toward $1.60–$1.75 if momentum holds. Add to that a golden cross setup, a 17% weekly pop, and Fibonacci breakouts pointing at $1.08, $1.26, and ultimately $1.50, plus a triangle breakout targeting $1.05–$1.08 in the next few weeks.

Mood: Wound tight, ready to rocket

#Binance #Cardano #ADA #Altseason #BullishBreakout