ADA Price Update and June Outlook (Mid-June 2025)
As of mid-June, Cardano (ADA) is trading around $0.62, with recent price action showing consolidation between $0.62 and $0.64. ADA saw a slight drop recently but is holding key support levels.
Key Technical Levels:
Support: $0.62 – $0.63
Resistance: $0.67 – $0.70
Breakout target (bullish): $0.72 – $0.75
Downside risk (bearish): $0.60 – $0.57
June Price Scenarios:
Base Case: ADA continues trading sideways in the $0.62 – $0.70 range as traders await clearer signals from the market or ecosystem updates.
Bull Case: A strong move above $0.70 could push ADA toward $0.75 or even $0.80.
Bear Case: If $0.62 fails as support, ADA could fall to $0.60 or lower.
What to Watch:
A daily close above $0.70 with volume
Strength of $0.62 as support
