Cardano Price Pulls Back as AlphaPepe Presale Enters Final Stages

Cardano's (ADA) price has pulled back to around $0.22 after reaching as high as $0.25, but it remains more than 20% higher over the past week.

This sharp retreat looks significant on the daily chart, but the weekly structure still shows strength. If ADA can hold support near $0.214 to $0.218, it may be able to recover and attempt to reclaim the resistance band between $0.231 and $0.249.

Meanwhile, AlphaPepe's presale has reached Stage 20 at $0.02789 with a total of $2.49 million raised and over 11,100 holders participating. The full launch roadmap is scheduled for August 26, followed by the planned fourth CEX partnership reveal on August 31.

AlphaPepe's utility goes beyond its presale, as it is also developing AlphaSwap, an AI-powered DEX intelligence layer designed to surface contract safety and other token signals. The token contract has received third-party reviews from BlockSAFU and Coinsult, both of which passed with zero critical or major findings.