$ADA price prediction
Cardano fell below the 50-day SMA ($0.71) on May 30, signaling advantage to the bears.
The bulls are trying to defend the $0.64 level, but failing to start a solid rebound heightens the risk of a breakdown. If that happens, the ADA/USDT pair could descend to the solid support at $0.60.
Relief rally attempts are expected to face selling at the 20-day EMA ($0.72). Buyers will have to push and maintain the price above the neckline to suggest a comeback. The pair may then climb to $0.86 and later to $1.01.