Ada320

$ADA
Does Cardano Price Have Potential for a Breakout?

The performance of ADA coin over the past six months has left many investors disappointed, as it consistently struggles under the weight of geopolitical tensions. 
Since its last major update regarding the Plomin hard fork in January, ADA crypto has eroded over 50% of its Q4 gains, consistently hovering below key resistance levels.
However, recent projections are sparking buzz about a potential breakout for Cardano. Expert Dan Gambardello shares this optimism, noting on X that “$2 Cardano will happen fast just when it makes its entry into the bull market”. His words suggest that if ADA clears resistance at $0.694 and $1.10, it could signal a sustained rally upward.

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$ADA
Cardano Bulls Defend $0.61 Support, But the Bearish Structure Remains Intact-What’s Next for the ADA Price Rally?

Cardano has managed to find temporary support above the $0.6 mark, a level where buyers have consistently stepped in to defend the price from further losses. However, despite this, the broader price structure remains bearish, and the ADA price continues to struggle beneath key resistance levels. Here’s a closer look at what the charts are saying. 
The ADA price has repeatedly bounced off the $0.6 to $0.63 zone over the past several sessions, highlighting this as a critical support range. Bullish participants appear to be accumulating at these ranges, preventing the price from breaking lower. The demand zone is reinforced by previous price action and the recent buying volume, marking it as a key level to watch going forward. 
Despite the support zone holding, the overall trend remains bearish as the ADA price is unable to close above $0.74. Meanwhile, a rise above the range has quickly triggered a massive pullback, which makes these levels mandatory to rise and secure. Meanwhile, the supertrend has turned bearish, which suggests the descending trend could prevail for a while. On the other hand, the RSI has rebounded from the lower threshold, signaling a rise in the strength of the rally. As a result, the ADA price seems to be poised to surpass $0.69 in a short while, but the question remains whether the token could make it above $0.73. 
Cardano’s price is currently in a technical tug-of-war where bulls are defending a structurally important floor at $0.61 but are unable to break the resistance. Until this structure finds some resolution, the current trading condition may prevail, which could likely dictate ADA’s next significant move. 

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$ADA
🚨ADA Selling Pressure Goes Down🚨

An essential element worth observing when trying to predict ADA’s future price dynamics is the asset’s exchange netflow. Data compiled by CoinGlass reveals that, in recent weeks, outflows have significantly outpaced inflows.
This trend suggests that investors may have transitioned from centralized exchanges to self-custody solutions, thereby reducing the immediate selling pressure.

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$ADA

Cardano Trading Volumes and Active Addresses Surge Amid SEC’s ETF Deadline

In breaking Cardano news, crypto experts shared their mounting optimism around a potential spot ADA ETF as the SEC’s deadline approached. Polymarket traders pushed approval odds above 70%, signaling renewed faith in a Grayscale-led proposal.
On-chain data supports this bullish outlook. Analysts observed $932 million of ADA exiting exchanges and a surge in active addresses, suggesting holders are moving coins off-chain in anticipation of higher prices.
Meanwhile, whale wallets acquired roughly 180 million ADA between May 26 and 30. This underscores deep-pocket confidence even as the SEC pushed its ETF decision timeline toward October.

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