As of June 2, 2025, Cardano (ADA) is trading at approximately $0.6789, reflecting a slight decline of 0.42% from the previous close. The day's trading range has seen a high of $0.6872 and a low of $0.6575.
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📊 Technical Analysis: Support & Resistance Levels
Support Levels:
$0.6380: $ADA Immediate support; a drop below this could lead to a test of the psychological level at $0.6000.
$0.6530: Identified as a potential floor for June 2025.
Resistance Levels:
$0.6780: Current resistance; a breakout above this could target $0.6950 and $0.7230.
$0.73–$0.78: A significant resistance zone; surpassing this range may open the path to higher levels.
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📈 Price Predictions for June 2025
Short-Term Outlook: $ADA Analysts forecast that ADA may trade between $0.653 and $0.847 in June 2025, with an average price around $0.750.
Mid-Term Forecast: Should $ADA break above the $0.73–$0.78 resistance zone, it may target $0.85, with subsequent targets at $0.90 and $1.00.
Long-Term Projections: Some forecasts suggest that ADA could reach a maximum of $1.88 by the end of 2025, driven by increased adoption and favorable market conditions.
