Cardano Price Up 25% This Week; Holding at $0.20 Support Still to Be Verified
2026-08-07 21:37:55
According to CoinMeta, the price of Cardano ( ADA ) has risen by more than 25% in the past week, and the current trading price is around $0.201, having reached a high of $0.204 during the day. Technical momentum and network updates have supported this recovery. Based on CryptoNews data, ADA has formed a bottom after falling from $0.45 last year to $0.14 in June. Currently, ADA has broken through the super-trend resistance of $0.171, showing a broader recovery trend. Although ADA has not yet established a daily close above $0.20, market interest in its development roadmap has renewed. Whether ADA can turn $0.20 from resistance into support will determine its short-term trend.
Bullish 0
Bearish 0Share to 
Source：Cryptonews
This content is for market information only and does not constitute investment advice.
Follow HKWDB official accounts to stay updated
Hot Articles
Refresh
Web3: Circle obtains New York trust license, expanding USDC custody business.
07-31 22:04
Tesla reportedly plans to divest its China business to pave the way for integration with SpaceX.
07-31 21:54
web3: Foreign media: RWA perpetual contracts may expand faster than tokenization
07-31 21:24
Web3: Foreign media: Analysts say the real catalyst for XRP is not the Clarity Act.
07-31 20:55
Foreign media: Trump's children's accounts are unlikely to replace comprehensive family financial planning
07-31 20:24