Cardano ADA is currently trading at $0.8360, up by 1.32% today. The 24-hour trade volume touched $1.39 billion but fell slightly by 0.12%. ADA has faced a loss of 9.28% in the week so far with the prices fluctuating at $0.8359.
It is a struggle between buyers and sellers. Spurts of higher momentum are stalled and weak hands sell from the market. Commentators refer to this range as critical and investors are considering whether the $0.83 level is going to hold up or break through.
ADA Faces Deeper Correction in Downtrend
Crypto analyst CryptoPulse notes ADA is rejecting higher levels but supported near a key volume area. If the token is able to hold support in place, a reversal back up towards $1.00 could come to fruition. This would see the return of sentiment among short-term traders.
But a breach of support could see prices plunge south of $0.70. Such a reversal would be a deeper correction of ADA’s overall downtrend. Meanwhile, the market is standing at a crossroads that analysts describe as a “decision zone,” where the immediate direction taken will likely set the course of September trades.
Cardano price forecast 2025
Forecasts for the year 2025 hold promise and a caution warning. DigitalCoinPrice believes that ADA might move up again from $1.84 and perhaps retrace the previous high at $3.10. Market analysts feel ADA will stabilize at $1.63 and $1.84 in the event momentum is more robust.
Changelly, analysts are expecting a low of $0.704 and a 2025 high of $0.882 with the average of the year coming in at approximately $1.06. Their prediction in the month of August of 2025 is that the ADA might move between the range of $0.819 and $0.821 with a potential gain of -0.9%.
