As of June 4, 2025, Cardano (ADA) is trading at approximately $0.696, reflecting a slight daily decline of 0.1%.
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🔍 Technical Overview: Support & Resistance Levels
Immediate Resistance: $0.7071
Key Resistance Zones: $0.73, $0.76, $0.80
Support Levels: $0.68, $0.63, $0.60
Cardano $ADA has been consolidating within a range, with resistance near $0.7071 and support around $0.68. A breakout above the $0.7071 resistance could signal a bullish continuation, potentially targeting the $0.73–$0.80 range. Conversely, a drop below the $0.68 support may lead to a retest of lower levels around $0.63.
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📈 Price Predictions for June 2025
Short-Term Forecast: Analysts suggest that $ADA might trade between $0.686 and $0.894 in June, with an expected value around $0.768, indicating a potential gain of approximately 29.83%.
Mid-Month Outlook: If bullish momentum continues, ADA could test the $0.80 resistance level.
Long-Term Projection: Some forecasts indicate that $ADA could reach up to $2.05 by the end of 2025, contingent on market conditions and network growth.
