Cardano and Solana Defy Crypto Market Correction
Cardano Rebounds: Six Days of Consecutive Gains
The price of Cardano (ADA) after a corrective phase, has turned upward. It is currently trading at $0.72 and has been in an uptrend for six consecutive days , with a weekly performance of +7.80% . In June it returned to positive territory, marking a +5.40%, the fourth consecutive green month.
However, the scenario changes if we look at the trend since the beginning of 2025: ADA is still down -14.50% . On the attached daily chart , we can observe the bearish phase that began in May, after testing the resistance at $0.8540 , which remains the main technical level to overcome for a strong restart.
The decline lasted for over 20 days, during which the price also broke the support at $0.69 , touching a low of $0.6160 in early June.
Targets and technical levels: breakout in sight?
From that low, a bounce started that has been developing for six consecutive sessions. At the moment, the price is in contact with the intermediate resistance in the $0.7425 area. A breakout of this level would project ADA back towards the May highs in the $0.8540 area. On the bearish side, the main support is located in the $0.6750 area .
Solana bounce and breakout of resistance
Solana (SOL) price has also been on the rise for the past six days. It is currently trading at 167 USDT and has been rebounding since the price touched the $140 support area at the beginning of the month. On a weekly basis, SOL is up 9.60% while in June it recorded a +6.26%. Since the beginning of the year, the decline is still 11%.
In May, the price of SOL reached a maximum in the $187 area and from there it started a decline as can be seen from the daily chart. From the support at $140, a rebound was triggered that pushed SOL to break the short-term resistance at $164. Now the next target is a first extension towards the $178 area.
