Cardano Falls Below $0.67: What's Next for ADA?
For the cryptocurrency market, 2025 has been increasingly volatile. With macroeconomic pressures and geopolitical concerns, there has been an increase in uncertainty for investors. That has led Cardano to...
For the cryptocurrency market, 2025 has been increasingly volatile. With macroeconomic pressures and geopolitical concerns, there has been an increase in uncertainty for investors. That has led Cardano to fall below the critical $0.67 level, leading many to ask, What’s next for ADA?
Although the asset has struggled in recent days, there is reason to be optimistic. Indeed, the asset class has emerged as a kind of safe-haven investment. Despite the fallout from US President Donald Trump’s tariffs, crypto inflows increased $5.5 billion in April. Now, all eyes are on whether or not ADA can get a boost.
Also Read: Cardano: Two Reasons ADA Can Jump Another 60% in 2025
Cardano Continues Week-Long Fall as All Eyes are On Where ADA Will Go Next
At the start of the year, Cardano was a part of a key group of cryptocurrencies that had immense price potential. ADA, Solana (SOL), and Ripple (XRP) were the next in line to follow the prominent rise of Bitcoin and Ethereum. That still appears likely, as odds for an ADA ETF have increased to the 75% mark.
However, that has not helped the price performance in the short term. Indeed, Cardano has fallen below the $0.67 mark, with all eyes on what’s next for ADA. Specifically, it dropped more than 4% on Monday, continuing its 6% drop over the last seven days, according to CoinMarketCap.
Also Read: Cardano Set for Massive Rally as Elliott Wave 5 Targets $14 Milestone
In the near term, there are two outcomes that become the focal point. First, bulls can reclaim the price movement. Specifically, they can help ADA retest at $0.66 and eventually break through to the $0.7 mark, where a host of outcomes begin to open up. Alternatively, bears could drive the slide even further to the $0.55 mark.
For now, all eyes are on the $0.65 level as the next key support. If that holds, there could be a surge in the asset’s future. At that point, a break for ADA toward both $0.76 and even $1 is not out of the question. However, if it does not, the $0.63 emerges as a key support with bearish pressure threatening to drive it even further down.
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