As of June 1, 2025, Cardano (ADA) is trading at approximately $0.6904, reflecting a modest decline of 2.87% over the past 24 hours.
📊 Support and Resistance Levels
Support Levels:
$0.68: $ADA key support level; a drop below this may lead to further declines towards $0.63 and then $0.60.
$0.63: A significant support level; falling below this could signal deeper losses.
$0.60: A crucial support level; breaching this may indicate a bearish trend continuation.
Resistance Levels:
$0.73: Immediate resistance; overcoming this could pave the way for further gains.
$0.76: $ADA significant resistance level; breaking above this could indicate a bullish reversal.
$0.80: A major resistance level; surpassing this could signal a strong bullish trend.
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🔮 Price Predictions
Short-Term (June 2025):
Analysts suggest that Cardano $ADA may trade between $0.68 and $0.80 in the coming days, with a potential increase to $0.7479 by the end of June, assuming no significant market disruptions.
Mid-Term (Q2 2025):
Should Cardano clear the $0.80 resistance zone, it may move toward $0.90 in June, supported by strong on-chain activity and institutional interest.
Long-Term (End of 2025):
Forecasts vary, with some analysts predicting Cardano could reach between $1.88 and $2.36, depending on market sentiment and macroeconomic factors.
