#CardanoDebate Here's an updated analysis of Cardano (ADA) today, Saturday, June 14, 2025, based on technical data and recent developments:
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💰 *Current Price*
- *Spot Price*:* Approximately *$0.98*.
- *24-hour Change*:* Down *2.3%*.
- *24-hour High*:* $1.02.
- *24-hour Low*:* $0.95.
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📊 *Technical Analysis*
- *General Trend*:* The daily charts are showing a "continuation breakout" pattern, indicating the potential for a significant price increase if the current resistance level is surpassed.
- *Support and Resistance Levels*:*
- *Major Support*:* $0.90.
- *Nearby Resistance*:* $1.00.
- *Next Resistance:* $1.50.
- *Technical Indicators:*
- *Relative Strength Index (RSI):* Around 58, indicating that the coin is neither overbought nor oversold.
- *Moving Averages:* The current price is above the 50-day moving average, indicating a medium-term uptrend.
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🔮 *Future Forecast*
- *Short Term:* If the price can steadily break above $1.00, it may target higher levels such as $1.20.
- *Medium Term:* Expectations indicate the price could reach $1.50 in the coming months, supported by developments in the Cardano ecosystem and increased investor interest.
