$ADA price prediction
Buyers are trying to defend the $0.60 level in Cardano, but the rebound lacks strength. That increases the risk of a break below $0.60.
The downsloping 20-day EMA ($0.67) and the RSI in the negative territory suggest the bears have the edge. If the price turns down from the moving averages and breaks below $0.60, the ADA/USDT pair could plummet to $0.50.
Buyers will have to drive the price above the moving averages to prevent the downside. The pair could then rise to the downtrend line, where the sellers are expected to mount a strong defense.