๐ Cardano ($ADA ) Market Update โ Bearish Sentiment but Upside Ahead?
Current Price: $0.6763
24h Change: -2.81%
Market Cap: $24.92B
24h Volume: $473.2M
Circulating Supply: 35.33B ADA
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๐ฎ Price Predictions
Short-Term (This Week):
Forecasted range: $0.6724 โ $0.6739
โ Potential drop: ~0.23%
Next 24 Hours (via 3Commas):
Expected range: $0.6876 โ $0.6905
Mid-Term (by July 5, 2025 โ via CoinCodex):
๐ผ Target: $0.8614 (+27.82%)
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๐งช Technical Indicators
Sentiment: Bearish
Fear & Greed Index: 0 (Extreme Fear)
RSI: 36.72 (Neutral Zone, nearing oversold)
50-Day SMA: $0.7251 โ Sell Signal
200-Day SMA: $0.6606 โ Buy Signal
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๐ Takeaway:
ADA is currently under bearish pressure, trading below the 50-day SMA and close to support zones.
However, the 200-day SMA remains intact, hinting at longer-term resilience.
Keep an eye on $0.660 support and a break above $0.690 resistance. A sentiment shift or volume surge could kickstart momentum.
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โ ๏ธ Reminder: Crypto markets are highly volatile. Use stop-losses and manage risk accordingly.
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