Home Fear & Greed Pools Wallets Dictionary Advertise Facebook Twitter Telegram Reddit Youtube
Market Cap:
24h Vol:
Cryptocurrencies: 13286
Markets: 104089
CoinInsight360.com logo CoinInsight360.com logo
ENG
EST
RUS
TUR
DEU
CHI
KOR
ITA
USD
USD
AED
AFN
ALL
AMD
ANG
AOA
ARS
AUD
AWG
AZN
BAM
BBD
BDT
BGN
BHD
BIF
BMD
BND
BOB
BRL
BTN
BWP
BYN
BZD
CAD
CDF
CHF
CLF
CLP
CNH
CNY
COP
CRC
CUC
CUP
CVE
CZK
DJF
DKK
DOP
DZD
EGP
ERN
ETB
EUR
FJD
FKP
GBP
GEL
GHS
GIP
GMD
GNF
GTQ
GYD
HKD
HNL
HRK
HTG
HUF
IDR
ILS
IMP
INR
ISK
JMD
JOD
JPY
KES
KGS
KHR
KMF
KPW
KRW
KWD
KYD
KZT
LAK
LBP
LKR
LRD
LSL
LYD
MAD
MDL
MGA
MKD
MMK
MNT
MOP
MRU
MUR
MVR
MWK
MXN
MYR
MZN
NAD
NGN
NIO
NOK
NPR
NZD
OMR
PAB
PEN
PGK
PHP
PKR
PLN
PYG
QAR
RON
RSD
RUB
RWF
SAR
SBD
SCR
SDG
SEK
SGD
SHP
SLL
SRD
SSP
STD
STN
SVC
SYP
SZL
THB
TJS
TMT
TND
TOP
TRY
TTD
TWD
TZS
UAH
UGX
UYU
UZS
VES
VND
VUV
WST
ZAR
ZMW
ZWL
America's Social Casino

Market Cap
24h Vol
13286
Cryptocurrencies
63.30%
Bitcoin Share
Coin Edition 2025-06-01 16:55:00

Cardano (ADA) Price Prediction for 2nd June: Bearish Breakdown Deepens as ADA Slips Below Key Fib Support

Cardano (ADA) Price Prediction for 2nd June: Bearish Breakdown Deepens as ADA Slips Below Key Fib Support

After staging a modest recovery from May’s closing lows, Cardano price today is back under bearish scrutiny as sellers reassert dominance below key trendline resistances. At the time of writing, Cardano price trades near $0.6610, having shed over 3% in the past 24 hours. This renewed weakness positions ADA at the edge of a critical support region, raising concerns about further downside momentum heading into early June. What’s Happening With Cardano’s Price? ADAUSD price dynamics (Source: TradingView) ADA’s recent performance reflects a broader risk-off sentiment across the altcoin space. On the 30-minute chart, Cardano price action has broken below a short-term ascending support line, invalidating the recent bullish pennant pattern. A failed retest of the $0.6785 zone has triggered an impulsive breakdown, putting pressure on the $0.6600 support floor. The 4-hour chart shows this move in context of a larger descending channel. Multiple attempts to reclaim the $0.6950–$0.7050 resistance zone have been rejected. As a result, Cardano price update reflects a persistent bearish trend that has extended from May 22 onwards, now nearing the lower boundary of t… The post Cardano (ADA) Price Prediction for 2nd June: Bearish Breakdown Deepens as ADA Slips Below Key Fib Support appeared first on Coin Edition .

Most Read News

Moralis Money
Market Cap
24h Vol
63.30%
Bitcoin Share
752
Today News
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.