{"content":"$ADA Pulls Back — Are the Bears Back in Charge? Cardano started a downtrend from $1.020. ADA is displaying bearish signals and may fall below $0.80. A bearish correction began below $0.920 for ADA. The price is below $0.90 and the 100-hour SMA. On the hourly ADA/USD chart, a negative trend line with resistance at $0.940 is formed. If it falls below $0.80, losses may continue. Cardano Price Drops After rising steadily, Cardano confronted sellers over $1.00 and fell like Bitcoin and Ethereum. Below $0.950 and $0.920 support, ADA traded. Moved below $0.90 support. Bears drove the price below the 50% Fib retracement line of the $0.7650 swing low to $1.020 high. On the hourly ADA/USD chart, a negative trend line with resistance at $0.940 is formed. Cardano is below $0.90 and the 100-hour SMA. The price may encounter resistance at $0.880 on the upside. Around $0.8920 is the first resistance. The next hurdle may be $0.940. Price may rise if it closes over $0.940 barrier and the trend line. In this situation, the price may reach $1.00. More advances might lead to $1.050 soon. More ADA Losses? If Cardano fails to break $0.940 barrier, it might fall again. Near $0.840 is immediate downside support. Next key support is approaching $0.8250, the 76.4% Fib retracement level of the upward run from $0.7650 swing low to $1.020 high. A drop below $0.8250 might test $0.80. The next significant support is $0.780, where bulls may appear. Tech Indicators Hourly MACD in negative zone for ADA/USD. Hourly ADA/USD RSI is below 50. Major Support Levels: $0.8400, $0.8250. Major resistance levels: $0.9200, $0.9400. #ADA #Cardano #ETHInstitutionalFlows #PowellWatch #Write2Earn ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025082025/08/20/258075d98c0945fa95df286536a3d420.png"],"tags":[],"tradingPairs":["ETH/USDT"],"quotearticleid":0}