$ADA The price is trading below key moving averages (e.g., 20-period SMA at ~$0.704–$0.804), acting as resistance. This reinforces a short-term bearish bias unless ADA breaks above these levels.

Moving Averages (MA):

50-Day SMA: Estimated to reach $0.720659 by July 12, 2025, indicating short-term resistance slightly above the current price.

200-Day SMA: Projected to drop to $0.598973 by July 12, 2025, suggesting a weaker long-term trend. The 200-day MA sloping downward since December 2024 indicates a lack of sustained bullish momentum.

Support and Resistance Levels:

Support: Key support levels are at $0.62–$0.64, with stronger support at $0.50–$0.569 if the price falls further. A drop below $0.666 could test these lower levels.

Resistance: Immediate resistance lies at $0.718–$0.73, with a stronger barrier at $0.8087–$0.8279. A breakout above $0.904 could target $1.00.

Bearish Scenario: If ADA fails to break above $0.718–$0.73, it could retest support at $0.62–$0.64, with a deeper correction to $0.50 possible if bearish momentum persists. The MACD and RSI suggest caution, as bearish signals dominate.

Bullish Scenario: A breakout above $0.73 with strong volume could push ADA toward $0.8088–$0.8279 in the next 10 days, potentially reaching $1.00 if momentum continues. The bullish engulfing pattern and potential ETF approval could act as catalysts.