{"id":6284,"date":"2025-07-01T13:00:32","date_gmt":"2025-07-01T13:00:32","guid":{"rendered":"https:\/\/coinscap.info\/blog\/cardano-ada-sideways-support-intact-but-no-spark-for-a-move-yet\/"},"modified":"2025-07-01T13:00:32","modified_gmt":"2025-07-01T13:00:32","slug":"cardano-ada-sideways-support-intact-but-no-spark-for-a-move-yet","status":"publish","type":"post","link":"https:\/\/coinscap.info\/blog\/cardano-ada-sideways-support-intact-but-no-spark-for-a-move-yet\/","title":{"rendered":"Cardano (ADA) Sideways \u2014 Support Intact, But No Spark for a Move Yet"},"content":{"rendered":"<p><em>Cardano price started a fresh decline from the $0.590 zone. ADA is now consolidating and might attempt a fresh increase above the $0.5820 zone.<\/em><\/p>\n<ul>\n<li>ADA price started a fresh decline below $0.5820 and $0.5750.<\/li>\n<li>The price is trading above $0.560 and the 100-hourly simple moving average.<\/li>\n<li>There is a key bullish trend line forming with support at $0.5640 on the hourly chart of the ADA\/USD pair (data source from Kraken).<\/li>\n<li>The pair could start a fresh decline if it dips below the $0.5560 support zone.<\/li>\n<\/ul>\n<h2>Cardano Price Fails To Extend Gains<\/h2>\n<p>In the past few sessions, Cardano saw a fresh decline from the $0.590 zone, unlike Bitcoin and Ethereum. ADA declined below the $0.580 level and trimmed most gains.<\/p>\n<p>The bears pushed the price below the 50% Fib retracement level of the upward move from the $0.5567 swing low to the $0.5902 high. The price even spiked below the $0.570 support but stayed above $0.5650. There is also a key bullish trend line forming with support at $0.5640 on the hourly chart of the ADA\/USD pair.<\/p>\n<p>The trend line is close to the 76.4% Fib retracement level of the upward move from the $0.5567 swing low to the $0.5902 high. Cardano price is now trading above $0.5650 and the 100-hourly simple moving average.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" loading=\"lazy\" class=\"size-full wp-image-780538\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/07\/Cardano-ADA.png?resize=1024%2C479\" alt=\"Cardano Price\" width=\"1024\" height=\"479\" \/><\/p>\n<p>On the upside, the price might face resistance near the $0.5735 zone. The first resistance is near $0.5820. The next key resistance might be $0.590. If there is a close above the $0.590 resistance, the price could start a strong rally. In the stated case, the price could rise toward the $0.620 region. Any more gains might call for a move toward $0.6350 in the near term.<\/p>\n<h2>More Losses In ADA?<\/h2>\n<p>If Cardano\u2019s price fails to climb above the $0.5820 resistance level, it could start another decline. Immediate support on the downside is near the $0.5640 level and the trend line.<\/p>\n<p>The next major support is near the $0.5460 level. A downside break below the $0.5460 level could open the doors for a test of $0.5250. The next major support is near the $0.510 level where the bulls might emerge.<\/p>\n<p>Technical Indicators<\/p>\n<p>Hourly MACD \u2013 The MACD for ADA\/USD is gaining momentum in the bearish zone.<\/p>\n<p>Hourly RSI (Relative Strength Index) \u2013 The RSI for ADA\/USD is now below the 50 level.<\/p>\n<p>Major Support Levels \u2013 $0.5640 and $0.5460.<\/p>\n<p>Major Resistance Levels \u2013 $0.5735 and $0.5820.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cardano price started a fresh decline from the $0.590 zone. ADA is now consolidating and might attempt a fresh increase above the $0.5820 zone. ADA price started a fresh decline below $0.5820 and $0.5750. The price is trading above $0.560 and the 100-hourly simple moving average. There is a key bullish trend line forming with&hellip;<\/p>\n","protected":false},"author":1,"featured_media":6285,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[466],"tags":[184,467,265,70,69],"class_list":["post-6284","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ada","tag-ada","tag-adabtc","tag-adausd","tag-adausdt","tag-cardano"],"_links":{"self":[{"href":"https:\/\/coinscap.info\/blog\/wp-json\/wp\/v2\/posts\/6284","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscap.info\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscap.info\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscap.info\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscap.info\/blog\/wp-json\/wp\/v2\/comments?post=6284"}],"version-history":[{"count":0,"href":"https:\/\/coinscap.info\/blog\/wp-json\/wp\/v2\/posts\/6284\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscap.info\/blog\/wp-json\/wp\/v2\/media\/6285"}],"wp:attachment":[{"href":"https:\/\/coinscap.info\/blog\/wp-json\/wp\/v2\/media?parent=6284"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscap.info\/blog\/wp-json\/wp\/v2\/categories?post=6284"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscap.info\/blog\/wp-json\/wp\/v2\/tags?post=6284"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}