As of May 30, 2025, Cardano (ADA) is trading at approximately $0.7116, reflecting a 5.3% decline over the past 24 hours. The day's trading range has seen a high of $0.7557 and a low of $0.7027.

šŸ“Š Support and Resistance Levels

Support Levels:

$0.72: $ADA key short-term support level; a drop below this may lead to further declines towards $0.70.

$0.70: A significant support level; falling below this could signal deeper losses.

Resistance Levels:

$0.784 ā€“ $0.80: Immediate resistance range; overcoming this could pave the way for further gains.

$0.82: A crucial resistance level; breaking above this could indicate a bullish reversal.

---

šŸ”® Price Predictions

Short-Term (Next Few Days):

Analysts suggest that ADA may continue to trade within the $0.70ā€“$0.80 range. A break above $0.80 could lead to a test of the $0.82 resistance level.

Mid-Term (June 2025):

If $ADA maintains support above $0.72 and breaks through key resistance levels, it could target $0.88 in the near term.

Long-Term (End of 2025):

Forecasts vary, with some analysts predicting $ADA could reach between $1.30 and $2.60, depending on market sentiment and macroeconomic factors.

#ada #MarketPullback #BinanceAlphaAlert #TrumpTariffs #ElonMuskDOGEDeparture