🔍 Technical analysis
Current price: $0.6786
Daily change: -1.09%
Daily range: $0.6575 – $0.6927
Trading volume: $690 million
Market capitalization: $23.97 billion
After a recent decline, $ADA is trading near the support level of $0.65–$0.66. The RSI (14) indicator on the 4-hour chart is around 40, indicating possible oversold conditions and a potential trend reversal. The MACD indicator shows a slowdown in the downward momentum, which may suggest an imminent change in the price direction.
📈 Forecast for June 2025
According to various forecasts, the price of $ADA is expected to fluctuate within the following ranges in June 2025:
Minimum: $0.7951
Average value: $1.08
Maximum: $1.45
Provided that the market stabilizes and shows positive dynamics, $ADA has the potential to grow to levels of $0.73–$0.80 in the coming weeks.
🛡️ Risk management recommendations
Stop-loss: $0.64
Profit taking: When reaching the level of $0.73, it is recommended to take partial profits and move the stop-loss to the breakeven zone.
The current price of $ADA is close to the support level, and indicators suggest a possible trend reversal. This may provide a favorable opportunity for long-term investors to enter a position. However, the overall volatility of the cryptocurrency market should be taken into account, and close attention should be paid to the dynamics of major assets such as $BTC.