{"id":77281,"date":"2025-07-01T05:08:40","date_gmt":"2025-07-01T05:08:40","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=77281"},"modified":"2025-07-01T05:08:40","modified_gmt":"2025-07-01T05:08:40","slug":"cardano-ada-sideways-support-intact-but-no-spark-for-a-move-yet","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=77281","title":{"rendered":"Cardano (ADA) Sideways \u2014 Support Intact, But No Spark for a Move Yet"},"content":{"rendered":"

Cardano price started a fresh decline from the $0.590 zone. ADA is now consolidating and might attempt a fresh increase above the $0.5820 zone.<\/em><\/p>\n

ADA price started a fresh decline below $0.5820 and $0.5750.
\nThe price is trading above $0.560 and the 100-hourly simple moving average.
\nThere is a key bullish trend line forming with support at $0.5640 on the hourly chart of the ADA\/USD pair (data source from Kraken).
\nThe pair could start a fresh decline if it dips below the $0.5560 support zone.<\/p>\n

Cardano Price Fails To Extend Gains<\/h2>\n

In the past few sessions, Cardano saw a fresh decline from the $0.590 zone, unlike Bitcoin<\/a> and Ethereum<\/a>. ADA declined below the $0.580 level and trimmed most gains.<\/p>\n

The bears pushed the price below the 50% Fib retracement level of the upward move from the $0.5567 swing low to the $0.5902 high. The price even spiked below the $0.570 support but stayed above $0.5650. There is also a key bullish trend line forming with support at $0.5640 on the hourly chart of the ADA\/USD pair.<\/p>\n

The trend line is close to the 76.4% Fib retracement level of the upward move from the $0.5567 swing low to the $0.5902 high. Cardano price is now trading above $0.5650 and the 100-hourly simple moving average.<\/p>\n

<\/a><\/p>\n

On the upside, the price might face resistance near the $0.5735 zone. The first resistance is near $0.5820. The next key resistance might be $0.590. If there is a close above the $0.590 resistance, the price could start a strong rally. In the stated case, the price could rise toward the $0.620 region. Any more gains might call for a move toward $0.6350 in the near term.<\/p>\n

More Losses In ADA?<\/h2>\n

If Cardano\u2019s price fails to climb above the $0.5820 resistance level, it could start another decline. Immediate support on the downside is near the $0.5640 level and the trend line.<\/p>\n

The next major support is near the $0.5460 level. A downside break below the $0.5460 level could open the doors for a test of $0.5250. The next major support is near the $0.510 level where the bulls might emerge.<\/p>\n

Technical Indicators<\/p>\n

Hourly MACD \u2013 The MACD for ADA\/USD is gaining momentum in the bearish zone.<\/p>\n

Hourly RSI (Relative Strength Index) \u2013 The RSI for ADA\/USD is now below the 50 level.<\/p>\n

Major Support Levels \u2013 $0.5640 and $0.5460.<\/p>\n

Major Resistance Levels \u2013 $0.5735 and $0.5820.<\/p>","protected":false},"excerpt":{"rendered":"

Cardano price started a fresh decline from the $0.590 zone. ADA is now consolidating and might attempt a fresh increase above the $0.5820 zone. ADA price started a fresh decline below $0.5820 and $0.5750. The price is trading above $0.560 and the 100-hourly simple moving average. There is a key bullish trend line forming with […]<\/p>\n","protected":false},"author":0,"featured_media":77282,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-77281","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/77281"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=77281"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/77281\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/77282"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=77281"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=77281"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=77281"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}