Cardano’s ADA Skyrocketing? August 28’s Price Prediction Will Leave You Breathless!

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Well now, hold your horses and your coffee-despite the sellers’ best efforts to play the villain, most coins are bucking up like a mule in a thunderstorm. According to CoinStats, the market’s got more nerve than a cat in a room full of rocking chairs. 🤯

ADA/USD

The rate of Cardano (ADA) has tiptoed up by a meager 0.56% since yesterday-like a cat trying not to wake the house. 😴🐱

On the hourly chart, the price of ADA is looking bullish as the rate nears the local resistance of $0.8737. If it breaks through that wall, you might just see ADA dancing all the way to $0.89-$0.90. 🕺

On the longer time frame, the rate of ADA is far from key levels. In this case, one should focus on the candle’s closure in terms of yesterday’s bar closure. If it happens near it and with no long wick, growth may continue to the $0.90 mark-assuming the market isn’t playing a trick on us, of course. 🎩

From the midterm point of view, the situation is similar. As none of the sides is dominating, traders should pay attention to the psychological zone of $1. If the bar closes above it, the upward move is likely to continue to the $1.20 range-provided the bears don’t throw a hissy fit. 🐾

ADA is trading at $0.8717 at press time-just sittin’ there, smug as a cat in a sunbeam. 😼

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2025-08-28 18:52