#CardanoDebate Here’s a fresh 150‑word snapshot of Cardano (ADA) as of June 14, 2025:
Cardano is trading around $0.64, marking a modest dip today after rejecting the $0.70 resistance earlier this week . Technical momentum remains tilted bearish: ADA broke below an ascending wedge on the 4‑hour chart, while key EMAs (20/50/100/200) loom overhead between $0.68–$0.71 .
Indicators show short-term exhaustion—oversold RSI near 38 and MACD flattening—hinting at a possible bounce, but a clear reversal would require reclaiming at least $0.6490–$0.65 . Volume is low and broader altcoin sentiment remains weak, with ADA down ~26 % YTD versus BTC’s 14 % gain .
Adding pressure, the Cardano treasury debate over reallocating $100M to stable‑coin liquidity stirred volatility—ADA dropped ~6 % intraday before rebounding to the mid‑$0.64s .
In summary: ADA is in a short-term downtrend, likely to linger in the $0.62–$0.65 range unless bullish volume returns. Key pivot: hold above $0.62 or break above $0.65 for next leg.
