Cardano (ADA) Price Prediction for June 24 2025
The Cardano price today is trading around $0.548, staging a minor rebound after dipping as low as $0.516 earlier in the session. Despite a modest recovery of nearly 3% from intraday lows, Cardano price remains under short-term bearish pressure following a sharp drop that broke several key support levels last week.
The broader outlook hinges on whether buyers can hold the pivotal $0.50–$0.52 range, which coincides with major Fibonacci retracement levels.
On the weekly chart, ADA has retraced more than 60% from its $1.327 peak, now sitting near the 0.786 Fibonacci level at $0.501. Historically, this zone marks a critical inflection point between extended downtrends and relief rallies. A breakdown below this threshold could open the path toward the $0.42–$0.45 region, while a bounce could target the $0.60–$0.68 recovery zone.
The 4-hour chart reveals Smart Money Concepts like BOS (Break of Structure) and CHoCH (Change of Character) forming beneath previous supply zones near $0.58, $0.63, and $0.66. Price action continues to react to these untested order blocks. Liquidity sweeps below weak lows were seen on June 23, followed by a small bullish CHoCH, indicating that whales may be attempting to trap late sellers.
The current weakness stems from multiple confluent bearish signals. Bollinger Bands on the 4-hour timeframe are sharply constricting, with price getting repeatedly rejected at the mid-band and upper envelopes. Simultaneously, EMA 20/50/100/200 remain stacked bearishly above the current price, with $0.561 (EMA 20) acting as immediate resistance, followed by $0.590 (EMA 50).
On the 30-minute chart, RSI sits at 58.20 after printing a bullish divergence — a short-term bounce signal that has already played out with the move from $0.516 to $0.552. However, MACD is beginning to flatten with minimal momentum, suggesting the current upside lacks strength unless new volume enters.
Moreover, Supertrend remains bearish on the 4-hour frame, and the Parabolic SAR dots continue to print above the price, both indicating that sellers are still in control. The VWAP has flipped into resistance at $0.546–$0.552, further capping any immediate upside.
Despite short-term signals of a relief bounce, broader metrics like DMI and Chande Momentum Oscillator favor continued downside bias. The +DI remains suppressed while -DI and ADX rise together — a structure that typically accompanies trending declines. MFI remains muted, indicating limited inflow activity.
The Bull Market Support Band, located near $0.703–$0.712, remains far above the current trading zone and continues to slope downward — a warning sign for long-term bulls. However, the presence of a falling wedge pattern on the daily chart, paired with a liquidity sweep below weak lows, hints at a potential volatility-driven reversal attempt if $0.50 holds.
If bulls can confirm a hold above $0.516 and reclaim $0.561 with volume, the next upside targets lie at $0.590 and $0.622. A decisive break above $0.622 could flip short-term momentum and allow ADA to revisit the $0.66–$0.68 supply band.
On the flip side, failure to maintain the $0.50 handle could expose ADA to deeper losses toward $0.475 and possibly the $0.42–$0.45 demand cluster. Traders should monitor reaction to the EMA cluster and RSI rollover for directional confirmation.