🗨Currently Cardano’s native token ADA is sitting around $0.69 after a rough spring in which its price dipped below $0.60 before recovering most of the drop. That’s about 0.000007 BTC per coin for some context, you could stack a whole bag of ADA for the cost of one Satoshi sized nibble of Bitcoin.
🫠Why should we care? Because big league names keep quietly building on Cardano:
Brave Browser integrated native ADA wallet support, exposing the network to 86 million users, while Grayscale has continued to add to its ADA position.
The next Leios execution layer upgrade (think: Solana speed but without the memes) will launch in late Q3 and will reduce transaction latency as well as increase dApp speed.
Key levels on the chart:
Support: 60 cents, or the April low the bears couldn’t break for long.
First resistance: $0.75 – a wall that rejected price two times this month.
Breakout trigger: $0.85 – above here the next magnet is $1.00 validated by on-chain accumulation clusters.
Analysts are eyeing a $1.10 to $1.80 target before end of June if BTC dominance cools and alt volume rotates our way. That’s 60-160 % move without mortgaging your laptop.
Game plan (what I’ll doing, not financial advice):
1.Set alert for .75; if volume kicks in on that break, I’ll ladder 30% of my dry powder llong toward .88, stop loss just under .64.
2. If price nukes below $0.60 on heavy sell off, I back off, no catching falling knives.
3. Stake any spot bags for 3 to 5% APR while I wait for my stack to grow.
The TL;DR? ADA is the smooth operator of large cap altcoins: cheap entry price, serious research pedigree and catalysts on deck. Don’t chase hype; wait for the chart to invite you in. Coins under a buck with real fundamentals usually lead, when the next altseason pops.
