CoinInsight360.com logo CoinInsight360.com logo
America's Social Casino

CoinDesk 2025-06-25 16:06:28

Cardano (ADA) Drops Below $0.57 as Sellers Regain Control

Cardano's ADA ADA token is trading at $0.5679, down 2.78% in the past 24 hours, after erasing an earlier price rebound, according to CoinDesk Research's technical analysis model. Despite briefly pushing higher during the latter half of the session, ADA failed to retain upward momentum and slipped toward its daily low into the close. Throughout the day, bearish structure persisted, with lower highs capping each attempted recovery. The token struggled to regain traction even as broader crypto sentiment improved on geopolitical developments. ADA has lagged behind peers during the recent market bounce, keeping pressure on near-term support. Investors are now watching whether ADA can defend deeper structural levels in the $0.55 to $0.50 zone, as the broader market reacts to both easing tensions and economic data pointing to slower global trade activity. Technical Analysis Highlights ADA traded within a 24-hour range of $0.0175 (3.01%) from $0.5928 to $0.5753. Price action formed a descending channel with lower highs and lower lows. Notable high-volume sell-off occurred during the 09:00 hour when ADA reached its intraday low. ADA briefly rebounded from $0.5753 to $0.5835 during the 13:00 hour, posting the period's highest hourly volume (63.5M). In the final hour of the analysis window, ADA gained 1.04%, rising from $0.577 to $0.583. Breakouts above $0.582 and $0.585 during this rally were met with immediate resistance. The 13:45 candle saw the largest volume spike of the hour at 3.78M units. A minor pullback followed, with price dropping from $0.585 to $0.582 around 13:51. Buyers stepped in to defend the $0.581 level, stabilizing price action temporarily. After the rally stalled, ADA declined into the close, reaching a session low of $0.5679. Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards . For more information, see CoinDesk's full AI Policy .

Lesen Sie den Haftungsausschluss : Alle hierin bereitgestellten Inhalte unserer Website, Hyperlinks, zugehörige Anwendungen, Foren, Blogs, Social-Media-Konten und andere Plattformen („Website“) dienen ausschließlich Ihrer allgemeinen Information und werden aus Quellen Dritter bezogen. Wir geben keinerlei Garantien in Bezug auf unseren Inhalt, einschließlich, aber nicht beschränkt auf Genauigkeit und Aktualität. Kein Teil der Inhalte, die wir zur Verfügung stellen, stellt Finanzberatung, Rechtsberatung oder eine andere Form der Beratung dar, die für Ihr spezifisches Vertrauen zu irgendeinem Zweck bestimmt ist. Die Verwendung oder das Vertrauen in unsere Inhalte erfolgt ausschließlich auf eigenes Risiko und Ermessen. Sie sollten Ihre eigenen Untersuchungen durchführen, unsere Inhalte prüfen, analysieren und überprüfen, bevor Sie sich darauf verlassen. Der Handel ist eine sehr riskante Aktivität, die zu erheblichen Verlusten führen kann. Konsultieren Sie daher Ihren Finanzberater, bevor Sie eine Entscheidung treffen. Kein Inhalt unserer Website ist als Aufforderung oder Angebot zu verstehen