The cryptocurrency market is going through a consolidation phase, with Bitcoin moving sideways and altcoins seeking direction. In this scenario, Cardano (ADA) is traded close to $0.56, showing distinct technical signals across different time frames.
On the 4-hour chart, ADA remains within a descending channel. The price action shows lower highs and lower lows, although a recent higher high (HH) has caused a break of structure (BOS). However, trading volume continues to decline, and rejection in the supply zone around $0.65 reinforces the resistance.
For a possible trend reversal, it would be necessary for the price to consolidate above $0.57 and break the downtrend channel. This would allow the quotation to advance again to the range between $0.65 and $0.68. This movement would require higher buying volume.
If investors lose the support of $0.55 and do not sustain the recent structure, ADA could retreat to the base of the channel, around $0.50, which would reactivate the downtrend and open up space for new short-term lows.
What are the prospects for ADA in July?
On the weekly chart, Cardano maintains a downtrend since the all-time high recorded in 2021. After a limited recovery in 2024, the asset continues with lower highs and lower lows, approaching the technical target at $0.40.
To reverse this trend, ADA would need to defend the May lows and form a higher low. Overcoming the resistance at $0.80 would be the first step to breaking the current negative structure and returning to the $1.20 region.
If the support at $0.50 is broken with volume, it is likely that the corrective movement will extend to $0.40, a level that represents the next relevant support on the chart.
Cardano continues in a downward trend, although there are signs of a slowdown in the short term. To confirm a possible recovery in July, it would be necessary to break the downtrend channel on the 4-hour chart, accompanied by a positive restructuring on the weekly.
Without this technical confirmation, selling pressure may intensify, leading the price to lower ranges, such as $0.50 or $0.40.
Selling pressure persists, but there are also signs of a possible reversal that generate expectations among investors.
The article What to expect from Cardano (ADA) price in July 2025? was first seen on BeInCrypto Brazil.
