$ADA

🔍 ADA/USDT Chart Analysis (Daily Timeframe)

Current Price: $0.636

24h Range: $0.6258 – $0.6450

Volume (24h): 98.45M ADA

📉 Technical Summary:

Trend: The chart shows that ADA had a significant rally between late 2024 and early 2025, peaking near $1.20. Since then, it has formed a series of lower highs and lower lows, indicating a downtrend.

Support Zone: Around $0.62 – $0.63 (current level) appears to be a key support, tested multiple times since March 2025. A breakdown below this zone may trigger further decline toward $0.55 or $0.50.

Resistance Levels:

Short-term: $0.68 – $0.70

Major: $0.80 – $0.85

Volume Analysis: Despite some buying interest, volume seems to be gradually declining, which often signals weakening momentum.

🔮 Prediction (Next 7–10 Days):

If ADA holds above $0.625, a short-term bounce to $0.68–$0.70 is possible.

If it breaks below $0.625 with volume, expect a decline toward $0.55 or even $0.50.

Market sentiment around Hoskinson’s treasury proposal and broader crypto trends (like BTC movement) will heavily influence ADA’s direction.

📌 Conclusion:

ADA is currently at a critical support level. The next move will likely depend on whether bulls can defend the $0.62 zone. Until a clear breakout above $0.70 or breakdown below $0.62 occurs, expect sideways to bearish price action with a cautious outlook.