As of April 24, 2025, Cardano (ADA) is trading at $0.6798, reflecting a slight decline of 2.52% from the previous close.
If $ADA fails to hold the $0.50 support level, it could drop further to $0.42 or even $0.35 before finding strong support.
In the next 8 hours, $ADA may experience consolidation between the $0.63 and $0.70 levels, with potential for a short-term relief bounce if the RSI improves. However, without significant bullish catalysts, a sustained upward movement is unlikely. Traders should monitor key support and resistance levels closely.
