Cardano Price Prediction: Analysts Eye $0.77 Rebound As Outflows Ease And Buyers Defend Support
- Cardano price today trades near $0.64 after slipping 20% this week, with buyers defending the $0.60–$0.62 zone.
- Futures open interest fell 12% as traders reduced leverage, while exchange outflows eased after heavy selling.
- Analysts see potential rebound toward $0.77 if ADA reclaims $0.68 and $0.72 resistance levels.
Cardano price today is consolidating near $0.64, attempting to stabilize after falling over 20% this week. The move follows heavy liquidations that drove ADA below its rising trendline and 20/50/100/200 EMAs clustered between $0.77 and $0.82. Buyers are now defending the $0.60–$0.62 area, which marks the last structural support before the $0.50 base seen in April.
Cardano Price Finds Support After Breakdown
ADA Technical Price Analysis (Source: TradingView)
The daily chart shows ADA has sharply broken below its ascending trendline t…
Read The Full Article Cardano Price Prediction: Analysts Eye $0.77 Rebound As Outflows Ease And Buyers Defend Support On Coin Edition.
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Cardano Price Prediction: Analysts Eye $0.77 Rebound As Outflows Ease And Buyers Defend Support
- Cardano price today trades near $0.64 after slipping 20% this week, with buyers defending the $0.60–$0.62 zone.
- Futures open interest fell 12% as traders reduced leverage, while exchange outflows eased after heavy selling.
- Analysts see potential rebound toward $0.77 if ADA reclaims $0.68 and $0.72 resistance levels.
Cardano price today is consolidating near $0.64, attempting to stabilize after falling over 20% this week. The move follows heavy liquidations that drove ADA below its rising trendline and 20/50/100/200 EMAs clustered between $0.77 and $0.82. Buyers are now defending the $0.60–$0.62 area, which marks the last structural support before the $0.50 base seen in April.
Cardano Price Finds Support After Breakdown
ADA Technical Price Analysis (Source: TradingView)
The daily chart shows ADA has sharply broken below its ascending trendline t…
Read The Full Article Cardano Price Prediction: Analysts Eye $0.77 Rebound As Outflows Ease And Buyers Defend Support On Coin Edition.
Read More
Ethereum Price Prediction: Analysts Eye $4,250 Recovery As BitMine Accumulate $480M In ETH