📈 Analysis and forecast for $ADA : is it time to exit? 🚀
As of May 22, 2025, 14:59 EEST, the price $ADA on Binance is $0.8052, with a growth of 6.5% in the last 24 hours. The trading volume for the day is about $450M, and the market capitalization is $28.5B (with a circulating supply of 35.4B ADA). Sentiment on X is bullish: recent posts indicate a breakout of key levels and targets up to $0.90 by May 26.
Technically, ADA demonstrates strength. On the 4-hour chart, the price has settled above the 50-day moving average ($0.75), and the RSI (14) at 62 indicates bullish momentum without overbought conditions. Key levels: support - $0.78, resistance - $0.82. A breakout above $0.82 could push the price to $0.90, but a drop below $0.78 would increase pressure towards $0.72.
Forecast: in the short term (until the end of May), ADA may reach $0.90 if the volume is maintained. By July 2025, a correction to $0.72 is possible due to volatility. The long-term target for 2026 is $2.00+, assuming the growth of the Cardano ecosystem and the implementation of new updates.
Is it time to exit? After a 6.5% increase and a current price of $0.8052, taking profits is justified, especially before the resistance at $0.82. Set a stop-loss at $0.78 for protection. For long-term investors, holding with a target of $0.90 is possible, but watch the volumes and news. $ADA is promising due to fundamentals, but the market remains volatile - act with caution! #ADA #Binance #CryptoAnalysis
