While Cardano (ADA) is showing signs of recovery in the short term after a week of sustained losses, an artificial intelligence (AI) model projects that the token could potentially end August on a high note.
As of press time, ADA was trading at $0.73, having gained over 2% in the last 24 hours. However, on the weekly chart, the asset remains down about 8%.
ADA price prediction
For its price outlook, Finbold consulted OpenAI’s ChatGPT, which projected that ADA could trade between $0.82 and $1.05 by August 31, 2025, assuming stable market conditions and no major disruptions in the broader crypto space.
The model noted that at current levels, ADA is forming a symmetrical triangle pattern on the daily chart, a technical setup that often precedes significant price moves.
Historically, ADA has posted gains of 15% to 35% following breakouts from similar formations. Therefore, a clear move above the $0.75 resistance level could pave the way for a rally toward the $0.90 and $1 range.
The forecast also factored in the broader market context, particularly Bitcoin (BTC) and Ethereum’s (ETH) ongoing correction. If Bitcoin holds its current support, ADA may follow with a delayed but sharper rally, consistent with prior market cycles.
At the same time, ChatGPT cautioned that a drop below Bitcoin’s $105,000 support could push ADA down to the $0.68 to $0.72 range. The base case remains $0.82 and $0.95, with a bullish scenario pointing to $1 and $1.05 if conditions improve.
ADA technical outlook
From a technical standpoint, cryptocurrency analyst Ali Martinez also believes ADA is poised for a breakout. In an X post on August 1, he noted that Cardano is showing a near-identical price structure to its 2020 bull cycle.
According to him, ADA appears to be at the same stage it was before its last explosive rally, only this time, the move is unfolding more gradually. If the pattern holds, the token could be setting the stage for a strong rally into 2026.
Featured image via Shutterstock
