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

Coin Edition 2025-06-10 12:16:21

Cardano (ADA) Price Prediction for June 11: Key Support at $0.67 Holds as ADA Eyes Retest of $0.71

After bouncing from the $0.66–$0.67 support band last week, the Cardano price today is hovering near $0.690, marking a modest 2.9% weekly gain. The bounce came after ADA touched the 0.618 Fibonacci retracement level ($0.6769), a critical zone that has acted as a pivot for price structure since April. The latest Cardano price action suggests bullish intent, but short-term indicators show signs of exhaustion just beneath $0.715. What’s Happening With Cardano’s Price? ADAUSD price dynamics (Source: TradingView) Cardano price rallied aggressively on June 9, breaking above the $0.678 resistance zone and briefly tapping $0.715. This move occurred after a breakout from the descending triangle pattern visible on both the daily and 4-hour timeframes. However, price has since pulled back slightly, struggling to hold above the 100 EMA at $0.695 and now consolidating around the Bollinger Band midline. ADAUSD price dynamics (Source: TradingView) The 30-minute Ichimoku chart confirms that ADA is holding above the cloud, which has now turned into short-term support near $0.688. The Tenkan-Sen and Kijun-Sen remain bullishly crossed, although they are beginning to flatte… The post Cardano (ADA) Price Prediction for June 11: Key Support at $0.67 Holds as ADA Eyes Retest of $0.71 appeared first on Coin Edition .

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.