$$ADA Cardano (ADA) Update – 21 June 2025: ADA is currently trading around $0.583, having dropped ~13% in the past week. The price is holding just above a critical support zone at $0.581–$0.588. If this level breaks, downside could extend to $0.55 or even $0.50. However, RSI is in deeply oversold territory (~30) and volume has surged, indicating a potential for a short-term relief bounce. Immediate resistance lies at $0.615–$0.62, with stronger rejection likely near $0.64–$0.65. Trend remains bearish unless ADA breaks above these resistance levels with solid volume. A bounce to $0.615–$0.64 is possible, but a break below $0.581 would confirm further weakness. Traders should watch RSI, MACD, and volume closely to confirm reversal or continuation.
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