📈 Analysis and forecast for $ADA on Binance: What are the further prospects? 📉
As of 20:55 EEST, July 2, 2025, the price of $ADA on Binance is $0.5924, showing an increase of 8.7% over the last 24 hours. Increased trading volume and positive sentiment reflect growing interest in Cardano, a scalable Proof-of-Stake blockchain supported by Binance, known for its scientific approaches and DeFi ecosystem.
Technically, $ADA is in an uptrend. On the 4-hour chart, the 50-day SMA has crossed the 200-day from below, signaling bullish momentum. The RSI (14) around 65 indicates a zone close to overbought, which requires caution. Key resistance is at $0.60, a breakout of which could lead to $0.65. Support is located at $0.57, with further support at $0.55. Holding above $0.5924 supports the current momentum.
Forecast: In the coming days, ADA may test the resistance at $0.60, with a chance of rising to $0.65 by mid-July 2025 if the momentum is maintained. By the end of 2025, a rise to $0.80–$1.00 is possible if the project continues to develop its ecosystem, including Hydra and new smart contracts. The long-term outlook for 2030 is $3.00+, provided there is mass adoption and successful upgrades. Risks include volatility and competition with other blockchains. The market shows moderate optimism, with forecasts above $0.60, although some traders warn of a correction.
Prospects? An increase of 8.7% and a price of $0.5924 are close to the resistance at $0.60. Buying at $0.57 with a target of $0.65 and a stop-loss at $0.55 may be justified. ADA stands out due to its scientific development and support from Binance, attracting investors. Recent posts on X and data from web sources highlight the growth potential associated with new partnerships and updates.
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