June 6, 2025 at 10:25 // news
Cardano (ADA) fell to a minimum of $ 0.654 after breaking below the mobile average lines.
Long -term prognosis cardan price: bassist
Altcoin has been in an bearish trend since it reached its high price of $ 0.84. Buyers could not maintain the bullish impulse above $ 0.85 on May 11. The bullish impulse resisted three times until it finally fell below the mobile average lines. Sale pressure is expected to fall to $ 0.65. The current fall reached $ 0.654 before reverse.
The price of ADA has operated below the mobile average lines, but above the support of $ 0.65 since May 31. If the current support is valid, Cardano will begin its increase above the level of $ 0.65 and below the resistance of $ 0.84.
However, if the current support is broken, the Altcoin will fall to a minimum of $ 0.50. Today, Cardano is quoted at $ 0.68.
Ada pricing indicators analysis
The price bars after the fall on May 30 are below the mobile average lines. Mobile average lines are falling as a result of the decrease. The 4 -hour table shows a bearish crossover and a movement towards the south.
Technical indicators
Key resistance zones: $ 1.20, $ 1.30 and $ 1.40
Key support zones: $ 0.90, $ 0.80 and $ 0.70
What is the next movement for ADA?
The price of Cardano is bouncing above the level of $ 0.66, but is below the 50 -day SMA or the resistance to $ 0.70. The sales pressure has stagnated above the $ 0.66 support in the 4 -hour table since May 31. The 21 -day SMA is currently rejecting the upward trend. If Cardano deviates from the mobile average lines, it will fall even more.
Discharge of responsibility. This analysis and prognosis are the author’s personal opinions. They are not a recommendation to buy or sell cryptocurrencies and coinidol.com should not see how support. Readers must do their research before investing in funds.
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