Cardano price rallied 25% this week, can bulls hold $0.20 support?

Cardano price traded near $0.20 on Aug. 7 after gaining more than 25% over the past week, with technical momentum and network updates supporting the recovery. Summary ADA gained more than 25% in seven days, briefly trading above $0.21. The 4-hour chart places immediate support at $0.195, followed by $0.184. A 3-day liquidation heatmap shows dense leveraged positions around $0.196–$0.198. Bulls must clear $0.207–$0.210 to extend the rally toward $0.22. Cardano price holds after its 25% rally According to data from crypto.news, Cardano (ADA) price was trading around $0.201 at the time of writing after reaching an intraday high near $0.204. ADA briefly crossed $0.21 earlier in the session before sellers pushed it back toward the psychological $0.20 level. The 7-day advance marked a sharp change from the weak price action seen through much of 2026. ADA had fallen from above $0.45 late last year to approximately $0.14 in June before forming a base. The daily chart shows that the token has now moved above its Supertrend resistance at $0.171. That indicator has flipped into support, suggesting that the broader recovery remains intact while ADA trades above the $0.168–$0.171 area. Cardano ...