Here are the latest data and forecast for today for the cryptocurrency Cardano (ADA):
---$ADA
Current situation
Price: around $0.859, which means a drop of about –7.29 % compared to the previous day.
Intraday range: lowest around $0.841, highest around $0.926.
CoinMarketCap confirms the price around $0.861 and a 24-hour decline of –7.47%.
TradingView reports a decline exceeding 8 %, with ADA currently trading at $0.85.
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Short-term forecasts
The Traders Union service predicts increases for today and tomorrow:
+7.91 % → $0.928
+6.63 % → $0.917
However, in the longer weekly horizon, it predicts –3.02 % → $0.834.
CoinLore estimates today's price range at $0.8389 – $0.7974, with a forecast for tomorrow of around $0.8484.
---$ADA
Technical signals and support/resistance
According to Cryptonews, ADA recorded a decline of nearly –10 % yesterday, and the decline in on-chain activity (transactions and active users) works against the current price levels. Support is at $0.73, and key resistance is around $0.90. A breakout above may open the way to $1.3–$2.
On the other hand, Binance interprets the emerging situation as a possible extension of the correction – if the weekly candlestick closes below $1, further downward movements towards $0.86–$0.88 are possible.
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Summary – what could happen today?
Element Value / Forecast
Today's price About $0.85–0.86 (a significant drop from around $0.92)
Potential support ~$0.73–0.84 — key price defense zone
Technical resistance ~$0.90–0.93 — level to break to regain momentum
Quick rebound (Traders Union) An increase up to ~$0.91–0.93 may occur in the short term
Risks Selling pressure, decline in network activity, possible continuation of declines
Bullish scenario A rebound from the level of $0.84–0.85 may direct the price towards $0.90+
Bearish scenario Break of support → risk of decline towards $0.73 or lower
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Guidelines for today
Watch the price reaction at the level of $0.84–0.85 — this is key support.
In the case of a rebound, the first target: $0.90–0.93.
A downward breakout may open the way for further declines towards $0.73.
Set the stop-loss to account for risk limitation at around ~$0.83.
