š ADA Market UpdateĀ ā Can We Break $0.85 and Head for $0.90?
- Chris Ciari
- Aug 13
- 1 min read
š ADA Market UpdateĀ ā Can We Break $0.85 and Head for $0.90?
This morning felt so cool outside, I almost thought it was autumn already.But ADA is flying smoothly no matter the weather āļø
Hello, this is ASY Ashiya PoolĀ š
š° Current ADA
1 ADA = $0.8415
Market Cap = $30.93B
ADA continues its steady climb.Market cap remains solid, and BTC dominance has now dropped below 60%.
š Key Price Targets
Immediate goal:Ā Break $0.85 cleanly
Next steps: $0.90 ā $0.92 ā $0.97
With strong momentum, $1.14Ā is possible in the short term
š° Market News
U.S. CPI:Ā +2.7% YoY, lower than expectations. Signals cooling inflation and raises hopes for rate cuts ā a positive macro factor.
Long-term ADA holders at all-time high:Ā Over 15B ADA have remained unmoved for more than one year, the largest share of supply in history. This signals reduced selling pressure and growing trust in the network.
š§ Technical View
Support:Ā $0.826
Short-term resistance:Ā $0.85 ā a breakout could set up a $0.90 test
Sustained volume and falling BTC dominance could fuel a quick move higher
ā Summary
Clearing $0.85 could open the path to $0.90, and even $1.14 if momentum holds
Fundamentals remain bullish, technicals supportive
Growing long-term holder base strengthens the bullish case
Go ADA!!! š
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