$ADA
As of June 14, 2025, Cardano (ADA) is exhibiting mixed technical signals on Binance. The price is currently trading around $0.425, having faced resistance near the $0.45 level. On the 4-hour chart, ADA remains below the 50-period EMA, suggesting short-term bearish pressure. However, the RSI is hovering near 47, indicating neutral momentum with a slight bearish tilt.
Volume has decreased compared to last week's activity, signaling possible indecision among traders. The $0.40 support level remains crucial—if ADA breaks below this, further downside toward $0.38 is likely. On the upside, reclaiming the $0.45 resistance could pave the way for a move toward $0.48–$0.50, where stronger selling pressure may emerge.
The MACD histogram is flattening, hinting at a potential reversal or sideways movement in the near term. In the daily timeframe, ADA is trading in a descending channel, and bulls must break above the upper trendline around $0.46 to initiate a stronger recovery.
Traders should watch for a breakout above $0.45 or a breakdown below $0.40 to determine direction. Risk management is advised due to ongoing market volatility and weak bullish conviction across altcoins. A wait-and-see approach may be prudent until a clearer trend develops.
