Cardano has experienced a modest decline over the past 24 hours, reflecting broader market trends. Despite this, the network's fundamentals remain strong, with increased activity and adoption.
๐ Market Overview
Current Price: $0.7419
24-Hour Change: -2.96%
Intraday High / Low: $0.7649 / $0.7345
Market Cap: Approximately $26.2 billion
24-Hour Trading Volume: Around $581 million
๐ Technical Analysis
Support Levels:
Immediate Support: $0.7420
Next Support: $0.7260
Key Support Zone: $0.6860 โ $0.7180
Resistance Levels:
Immediate Resistance: $0.7600
Next Resistance: $0.8000
Major Resistance: $0.8730
$ADA is currently trading near its immediate support level. A sustained move above $0.7600 could signal a bullish reversal, while a drop below $0.7260 may indicate further downside.
๐ฎ Price Predictions
Short-Term (MayโJune 2025): Analysts anticipate $ADA to trade between $0.66 and $0.88, with potential volatility influenced by market sentiment and macroeconomic factors.
Mid-Term (End of 2025): Projections suggest ADA could reach between $1.00 and $1.33, contingent on network developments and broader crypto market performance.
Long-Term (2025โ2030): Some forecasts envision ADA achieving prices between $2.36 and $9.12 by 2030, driven by increased adoption and technological advancements.
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