The current price of Cardano $ADA is around $0.64-$0.65. Here are the support and resistance levels ¹ ² ³:
- *Support Levels:*
- *Short-term Support:* $0.6327 (24-hour low) and $0.60 (psychological support level)
- *Long-term Support:* $0.541 (lower end of the Bollinger Band)
- *Resistance Levels:*
- *Short-term Resistance:* $0.662 (immediate resistance), $0.68-$0.70 (resistance zone), and $0.704 (mid-Bollinger Band)
- *Long-term Resistance:* $0.80 (key resistance level) and $1.00 (psychological resistance level)
Some analysts predict potential price movements based on technical indicators ⁴:
- *50-day SMA:* $0.8098 (SELL signal)
- *200-day SMA:* $0.7516 (SELL signal)
- *RSI:* 36.58 (Neutral)
- *MACD:* Slightly positive, indicating weak buying pressure