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HomeEthereumEthereum NewsCardano remains above $ 0.65, since it has reached bassist fatigue
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Cardano remains above $ 0.65, since it has reached bassist fatigue

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


ADAUSD_ (Daily Graph) - June 5. JPG


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.


Adausd_ (4 -hour graph) - June 5. JPG


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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