Cardano Price Prediction Today: Daily (ADA) Value Forecast – June 26

  • The ADA/USD pair fluctuates between the levels of $0.0800 and the $ 0.1000.
  • The crypto is likely to range for a few more days.

ADA/USD Medium-term Trend: Ranging

  • Resistance Levels: $0.1000, $0.1100 ¸ $0.1200
  • Support levels: $0.0800, $0.0700, $0.0600

Yesterday, June 25, the price of ADA was trading in a sideways trend. The 12-day EMA and the 26-day EMA were trending horizontally. The ADA/USD pair fluctuates between the levels of $0.0800 and the $ 0.1000. From the chart, the crypto’s price had been testing the upper price range to break it. On May 15, the bulls tested the upper price range and price had a downward correction to the support of the EMAs.

This has been the scenario in the month of June. The crypto is likely to range for a few more days. Meanwhile, the price of Cardano is in the overbought region of the daily stochastic but below the 60% range. This indicates that price is in a bearish momentum and a sell signal.

ADA/USD Short-term Trend: Ranging

On the 1-hour chart, the ADA price is in a sideways trend. The 12-day EMA and the 26-day EMA are trending horizontally below the overhead resistance. On June 26, the bulls attempted to break the $0.1000 upper price level but were resisted and the price fell to the support of the EMAs.

Also, the bulls also attempted to break the $0.10500 but were resisted and the price fell below the EMAs. The daily stochastic is in the oversold region but below the 40% range. This implies that price is in a bearish momentum and a sell signal

Live Cardano (ADA) Price:

1 ADA/USD =$0.1427 change ~ -0.30%

Coin Market Cap

$3.7 Billion

24 Hour Volume

$109.79 Million

24 Hour VWAP

$0

24 Hour Change

$-0.0004

The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.

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Azeez Mustapha
Azeez began his FinTech career path in 2008 after growing interest and intrigue about market wizards and how they managed to become victorious on the battlefield of the financial world. After a decade of learning, reading and training the ins and outs of the industry, he’s now a sought after trading professional, technical/currency analyst and funds manager - as well as an author.

[Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

[Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer

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