Key Notes
- ADA is trading near $0.65, after breaking below the support recently.
- Analyst Jonathan Carter warns of a further dip to $0.59 if $0.65 fails to hold.
- A rebound from support could set the stage for a rally toward the $1 mark.
Cardano
ADA
$0.66
24h volatility:
1.0%
Market cap:
$23.67 B
Vol. 24h:
$793.46 M
is trading near its key support zone around $0.65, posting a 0.5% gain in the past 24 hours. The cryptocurrency has lost about 30% of its value over the past month.
Notably, since December 2024, ADA has been trading within a broadening wedge, a pattern often known for volatile swings. Crypto strategist Jonathan Carter noted that if ADA fails to…
