Cardano Price Prediction: ADA Stopped Bleeding After Nine Days as Cardano’s Biggest Upgrade Hit 96% Readiness
- ADA trades at $0.1770 on August 17, up 1.32%, bouncing at the 0.382 Fibonacci at $0.1762 after nine straight red days
- Leios progress tracker reports 96% readiness for 1,000 TPS as Dijkstra Phase 1 targets Q4 2026 code completion
- DRep approval for the new Constitutional Committee sits at just 30% of the 67% threshold with the action expiring September 1
The Cardano price prediction turned on a single technical level today, with ADA bouncing to $0.1770 directly off the 0.382 Fibonacci support at $0.1762 after nine straight red days, a level that becomes the line between a $0.1998 recovery and a slide toward $0.1617.
ADA Price Analysis: Nine Red Days End at the 0.382 Fibonacci
ADA found support at the 0.382 Fibonacci retracement at $0.1762 after a nine-session pullback from August’s highs above $0.20. Today’s session opene…
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