📈 Cardano (ADA) Price Snapshot – May 15, 2025
Current Price: $0.799 USD
24h Change: -0.03%
24h High / Low: $0.835 / $0.794
Market Cap: ~$30.26B
24h Volume: ~$1.38B
7-Day Performance: +16.5%
30-Day Performance: +26.0%
🔍 Technical Overview
Trend: ADA is exhibiting a bullish engulfing pattern on the weekly chart, suggesting strong upward momentum.
Resistance Levels: Immediate resistance is observed at $0.85; surpassing this could open the path to $1.10.
Support Levels: Key support is around $0.78, aligning with the 50% Fibonacci retracement level.
🌐 Recent Developments
Brave Browser Integration: Cardano's integration with the Brave browser provides access to over 85 million users, potentially increasing ADA's adoption and utility.
📊 Price Predictions
Short-Term (May 2025): Analysts anticipate ADA could reach between $0.89 and $1.10, contingent on market conditions and breaking current resistance levels.
Mid-Term (2025): Forecasts suggest ADA may trade between $1.40 and $1.65, with potential highs up to $2.36, depending on broader market trends and adoption rates.
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