📈 Analysis and forecast for $ADA on Binance: what are the further prospects? 📉
As of 19:20 EEST, July 6, 2025, the price of $ADA on Binance is $0.5855, showing an increase of 1.58% over the last 24 hours. Moderate trading volume and community interest underscore the popularity of Cardano as a blockchain focused on scalability and sustainability.
Technically, $ADA is in a moderate uptrend. On the 4-hour chart, the 50-day SMA is approaching the 200-day, indicating growth potential. The RSI (14) around 54 indicates a neutral zone with increasing momentum. Key resistance is at $0.590, a breakout of which may lead to $0.600. Support is located at $0.580, below which is $0.570. Holding above $0.5855 supports the current momentum.
Forecast: In the coming days, ADA may test resistance at $0.590, with a chance to rise to $0.600 by mid-July 2025 with increased activity. By the end of 2025, a rise to $0.700–$0.750 is possible if ecosystem development and smart contract adoption continue. The long-term outlook for 2030 is $1.50+, assuming mass adoption and successful upgrades. Risks include volatility and competition with other platforms. The market shows moderate growth expectations.
Prospects? A rise of 1.58% and a price of $0.5855 are close to resistance at $0.590. Buying at $0.580 with a target of $0.600 and a stop-loss at $0.570 may be justified. ADA stands out due to its scientific approach and support from Binance, attracting investors. Community activity and market data highlight the growth potential.
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