Cardano $(ADA) Price Struggles Amid Market Uncertainty
Cardano (ADA) is trading at $0.632, down 4.5% in 24 hours, as bearish momentum persists . The price faces resistance at $0.665, with support near $0.62—a key zone that could trigger further declines if broken .
Despite short-term weakness, long-term predictions remain optimistic, with some analysts forecasting ADA could reach $1.88–$2.36 in 2025 if bullish trends resume . Meanwhile, technical indicators like the RSI (38.4) suggest oversold conditions, hinting at a potential rebound .
With Cardano’s ecosystem growing—including Hydra scaling and governance upgrades—ADA’s future hinges on market sentiment and broader crypto trends .