Forecast of Cardano (ADA) Value for the Current Week

ADA is currently struggling to maintain its support at $0.64. If this week does not end positively, there's a chance that the sellers will break this support and reduce the value to $0.55, which is the next significant support level. Cardano's interest seems to be dwindling following a disappointing May and an unfavorable beginning to June. With the absence of buyers at current rates, ADA might continue to decrease until interest rebounds, making a drop to $0.55 seem likely.

The cryptocurrency's daily volume also continues to hit lower lows. Unless this pattern changes, a reversal seems improbable. However, this can be viewed as a potential positive sign as sellers display a lack of conviction, which could provide an opportunity for buyers to return.