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Crypto Prune > News > Crypto > Cardano > Cardano is below $0.67: What’s next for the ADA?
Cardano

Cardano is below $0.67: What’s next for the ADA?

8 months ago 2 Min Read

In the cryptocurrency market, 2025 is becoming increasingly unstable. Macroeconomic pressures and geopolitical concerns have led to increased uncertainty for investors. That will bring Cardano below the important $0.67 level, and many people are saying what’s next for the ADA?

This asset has been struggling lately, but there is a reason to be optimistic. In fact, asset classes have emerged as a kind of safe investment. Despite President Donald Trump’s fallout from tariffs, the code inflow increased by $5.5 billion in April. Now, all eyes are looking at whether the ADA can get a boost.

Cardano continues the weeklong fall as Ada has all his eyes where he goes next

At the beginning of the year, Cardano was part of a key group of cryptocurrencies with great potential for price. Ada, Solana (Sol) and Ripple (XRP) were next in line following the prominent rise of Bitcoin and Ethereum. That still seems likely as the ADA ETF odds have increased to the 75% mark.

However, that didn’t help with price performance in the short term. In fact, Cardano is below $0.67, bringing his eyes to the next ADA. Specifically, according to CoinmarketCap, it fell by more than 4% on Monday, continuing to fall by 6% over the past seven days.

In the near future, there will be two outcomes that will be the focus. First, the Bulls can regain their price movement. Specifically, it can help the ADA retest at $0.66, and eventually plunges into the $0.7 mark, with many results beginning to open up. Alternatively, the bear can drive the slide to an additional $0.55 mark.

See also  Cardano slips into the red, but predicted to reach $1.34 soon

For now, all eyes are at the $0.65 level as next key support. If so, it could surge into the future of your assets. At that point, an ADA break for both $0.76 and $1 is not out of the question. Otherwise, $0.63 appears as a key support with bear pressure that threatens to go down further.

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