- The price of Cardano presently rests between $0.70 and $0.75 where trading amounts determine whether ADA will break out or break down.
- ADA may surge between $0.82-$0.85 if market conditions allow it to surpass $0.77 up to $0.79 resistance during the following weeks.
- Rewards from support-level failure might drive ADA toward the $0.66 – $0.68 region which shows powerful accumulation purposes.
Despite a daily decline of 2%, ADA has shown growth of around 2.4% in the past month. This development reflects the token’s ability to maintain stability amidst flat market conditions ahead of April 2025.
Cardano (ADA) is currently trading at $0.6851, marking a 2.5% decline in the last 24 hours. The price range for the day stands between $0.6827 support and $0.7109 as resistance.According to current market data ADA demonstrates a 0.9% depreciation against Bitcoin which underlines that ADA sits in a weaker position than BTC.
ADA Near Key Levels: Breakout or Breakdown?
In the near term, technical analysts are watching ADA’s price movement as it approaches important resistance and support points. According to Crypto best_analysts,he predicted ADA could reach an additional seven cents if it maintains above $0.75 for multiple hour cycles.
The ADA/USDT 12-hour chart reveals a critical price action setup with a descending trendline acting as support. The ADA market tests the previously established support trendline at $0.7712 after its recent price peak. The price movement remains constricted within a tight zone which indicates an upcoming price movement towards either direction.
A resistance zone spanning from $0.77 to $0.79 shows historical supply dominance because sellers dominated this area. Traders have exhibited intense interest in the $0.70 – $0.75 price sector which shows substantial market activity in this zone according to the right-side volume profile.
A bullish move from the descending support level may lead ADA towards $0.74 – $0.76 while trying to overcome $0.77 – $0.79 resistance. The price has the potential to start an upward rally to $0.82 – $0.85 if it successfully breaks above the current boundary. The bearish momentum would increase after the price fails to maintain the trendline support leading ADA to reduce down to $0.66 – $0.68 where it would match the major demand zone.
ADA April Price Outlook
According to Coincodex analysis, the price of Cardano is predicted to rise by 0.01% and reach $ 0.698825 by April 1, 2025 with a increase in potential ROI of 1.62%.Moreover,Cardano is predicted to rise by 3.49% and reach $ 0.726148 by April 28, 2025.
