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🔍 Analysis of Cardano (ADA) – June 17, 2025

📉 Is ADA preparing for a new price explosion?

Current price: $0.624

Cardano has decreased by ~3% in the last 24 hours, but there are strong signals for an upcoming bullish reversal!

✅ Key technical points:

Strong support at: $0.62 – $0.60

Nearby resistance: $0.65 – $0.66

If it breaks above $0.66, the next target: $0.73 then $0.80

📊 More than 1.3 million wallets are staking on Cardano – a strong indicator of confidence in the network.

🔥 The launch of the Originate project from Cardano Labs may enhance institutional adoption.

⚠️ Caution required:

Any break of support at $0.60 may bring ADA back to $0.55

📌 Do you expect Cardano to rise to $0.70 this week?

Share your predictions in the comments ✍️

#Cardano #ADA #Technical_Analysis #Cardano #BinanceFeed #Today's_Analysis #Crypto #June_17

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