Cardano (ADA) Price Prediction for July 6
2025-07-06 15:09:02
Main Idea
The article discusses the recent price movement of Cardano (ADA) and provides a short-term price prediction, noting a 2.32% increase over the last 24 hours and potential resistance at $0.5906.
Key Points
1. Cardano (ADA) price increased by 2.32% in the last 24 hours.
2. A local resistance level of $0.5906 may have been set on the hourly chart.
3. The price is currently trading at $0.5847 and is expected to continue sideways trading in the range of $0.58-$0.60 due to declining volume.
4. The article includes unrelated cryptocurrency news snippets, such as Bitcoin's market cap exceeding $2 trillion and other altcoin developments.
Description
Does rate of Cardano (ADA) have enough energy for continued upward move?
$ADA
$0.5818
+1.48%
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