In June 2025, the price of Cardano (ADA) experienced a significant drop despite critical network upgrades. This article examines the price decline, current metrics, and future predictions.
Price Drop Overview
By the end of June 2025, the price of ADA decreased by 16%, closing just above $0.50. Despite recent upgrades, including the cbETH cross-chain bridge and integration with Coinbase Base Layer-2, Cardano failed to gain positive momentum.
Current ADA Parameters
Currently, the price of ADA is $0.5590. Support is at $0.5235, while resistance ranges from $0.5989 to $0.6533. The RSI indicates neutral momentum at 49.65. Simultaneously, 89% of market participants are bearish.
July Forecasts and Growth Factors
Some analysts note signs of recovery for ADA, with price fluctuations between $0.563 and $0.566. A breakout above the $0.60 resistance could indicate bullish momentum. With the approval of a Cardano ETF by Grayscale and market changes, there is a potential for price increase in July.
Despite the challenging conditions in June, analysts see potential for ADA's recovery in July. Attention to the $0.60 level may become crucial in determining future dynamics.
