The cryptocurrency ADA has experienced a correction over the past week, reaching a key support level of $0.65. However, buyers have shown interest at this level and have initiated a bounce, which is ongoing. It is hoped that the correction will stop at this point. The weekly timeframe indicates that sellers have control over the price action, and in order to maintain their control, bears will need to push the price below $0.65 and turn it into a resistance level. On a positive note, the daily timeframe MACD indicator has shown a bullish cross, indicating potential for a reversal if the support at $0.65 holds and sellers do not return strongly. The next few days will be crucial in determining the future direction of ADA.
Content Editor ( cryptopotato.com )
- 2025-02-13
Cardano (ADA) Price Predictions for This Week
