Cardano Slips Again as Support Weakens — Can ADA Hold the Line in 2025?
- ADA’s stuck under $0.70 and down over 15% on the week.
- Analysts warn retail traders not to expect a breakout until $0.90 flips support.
- 2025 price forecasts range from $0.609 to $1.54, with uncertainty still high.
Cardano (ADA) just keeps slippin’. As of now, it’s hanging around $0.6982, down about 4.3% on the day. And yeah, the 24-hour trade volume isn’t looking any better—it’s dipped over 26% to settle near $1.03 billion. Over the past week, ADA’s lost more than 15%, following the broader altcoin market’s downward slope. While there’ve been a couple of weak reversal attempts earlier this year, ADA still hasn’t cracked through the big resistance wall at $0.90.
Still Miles from $1 — And Even Farther From $3
ADA’s been stuck well below the $1 mark, and let’s be honest—it’s dampening buyer enthusiasm. The coin’s still a long way off from its glory days at $3.10 back in the 2021 bull run. Most retail traders, who once tossed out wild $5 or even $10 targets like candy, are now being told to chill. Right now, Cardano isn’t even holding its smaller support zones.
Analysts: Cool It With The Hopium
Crypto analyst Duo Nine didn’t mince words. He took aim at the overhyped expectations floating around on social media:
“Cardano fans were sharing targets like $10 the other week. Time for a reality check.”
According to him, as long as $0.90 doesn’t flip into solid support, all that talk of smashing $1 is pure speculation. He did give ADA some credit though—mentioning the $0.64 level as current support—but the overall price structure? Pretty weak, especially in the short term.
That gap between community optimism and what the charts are actually saying? Yeah, it’s getting wider.
2025 Forecasts: Wildly Different Takes
Looking ahead to 2025, predictions are all over the place. DigitalCoinPrice, for example, is pretty bullish—they think ADA could hit $1.54 by year-end and maybe even retest that $3.10 ATH. But that’s if the market turns around, investor vibes stay positive, and macro stuff doesn’t go sideways.
On the flip side, Changelly’s got a more grounded take. Their models suggest ADA might trade between $0.609 and $0.761 next year, with an average price sitting at $0.913. For August 2025? They see it topping out at $0.913, with a low of $0.709—offering an ROI around 27.7%. Not bad, but not mind-blowing either.
The post Cardano Slips Again as Support Weakens — Can ADA Hold the Line in 2025? first appeared on BlockNews.
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Cardano Slips Again as Support Weakens — Can ADA Hold the Line in 2025?
- ADA’s stuck under $0.70 and down over 15% on the week.
- Analysts warn retail traders not to expect a breakout until $0.90 flips support.
- 2025 price forecasts range from $0.609 to $1.54, with uncertainty still high.
Cardano (ADA) just keeps slippin’. As of now, it’s hanging around $0.6982, down about 4.3% on the day. And yeah, the 24-hour trade volume isn’t looking any better—it’s dipped over 26% to settle near $1.03 billion. Over the past week, ADA’s lost more than 15%, following the broader altcoin market’s downward slope. While there’ve been a couple of weak reversal attempts earlier this year, ADA still hasn’t cracked through the big resistance wall at $0.90.
Still Miles from $1 — And Even Farther From $3
ADA’s been stuck well below the $1 mark, and let’s be honest—it’s dampening buyer enthusiasm. The coin’s still a long way off from its glory days at $3.10 back in the 2021 bull run. Most retail traders, who once tossed out wild $5 or even $10 targets like candy, are now being told to chill. Right now, Cardano isn’t even holding its smaller support zones.
Analysts: Cool It With The Hopium
Crypto analyst Duo Nine didn’t mince words. He took aim at the overhyped expectations floating around on social media:
“Cardano fans were sharing targets like $10 the other week. Time for a reality check.”
According to him, as long as $0.90 doesn’t flip into solid support, all that talk of smashing $1 is pure speculation. He did give ADA some credit though—mentioning the $0.64 level as current support—but the overall price structure? Pretty weak, especially in the short term.
That gap between community optimism and what the charts are actually saying? Yeah, it’s getting wider.
2025 Forecasts: Wildly Different Takes
Looking ahead to 2025, predictions are all over the place. DigitalCoinPrice, for example, is pretty bullish—they think ADA could hit $1.54 by year-end and maybe even retest that $3.10 ATH. But that’s if the market turns around, investor vibes stay positive, and macro stuff doesn’t go sideways.
On the flip side, Changelly’s got a more grounded take. Their models suggest ADA might trade between $0.609 and $0.761 next year, with an average price sitting at $0.913. For August 2025? They see it topping out at $0.913, with a low of $0.709—offering an ROI around 27.7%. Not bad, but not mind-blowing either.
The post Cardano Slips Again as Support Weakens — Can ADA Hold the Line in 2025? first appeared on BlockNews.
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