Crypto Cardano (ADA) Price This Weekend: Stuck in a Range, What to Expect by Admin 5 April 2025 written by Admin 5 April 2025 0 comments 2 Cardano (ADA) is heading into the weekend (Apr 5-6) trading around $0.656, struggling to gain ground after being rejected multiple times from the tough resistance zone between $0.70 and $0.75. The token seems stuck in a sideways pattern, suggesting buyers currently lack the conviction to push prices higher. With a descending trendline also capping rallies near the $0.70 psychological mark, ADA’s short-term outlook leans cautious unless ADA can manage a clear breakout. Looking at the 4-hour chart, there’s a noticeable pile-up of potential selling pressure above $0.70. On the flip side, buyers have stepped in twice recently to defend the $0.62 to $0.64 support area. As long as ADA stays below $0.70, sellers have the edge. Cardano price dynamics (March 2025 – April 2025) What the Charts Say About ADA Technical indicators paint a picture of weak momentum right now. On the 4-hour chart, ADA is trading below key short-term and long-term moving averages (like the 20 EMA near $0.6576 and the 50 EMA near $0.6717), which usually signals a bearish trend structure. The Relative Strength Index (RSI), a momentum gauge, is hovering just below the neutral 50 mark (at 48.36), showing a lack of strong buying interest. Related: Analyst Explains Why Cardano (ADA) Is an ‘Easy Bet’ Right Now Meanwhile, the Bollinger Bands are tightening, often called a “squeeze.” This suggests price volatility could pick up soon, though the direction isn’t clear yet. The MACD indicator confirms this neutral, wait-and-see momentum. Shorter and Longer Views Align Shorter-term charts (like the 30-minute) show a similar story: ADA broke down from a pattern and is struggling to get back above near-term resistance around $0.668. Immediate support looks to be around $0.644. Zooming out to the daily chart, ADA hasn’t been able to reclaim higher levels (like the $0.77 Fibonacci level) since its peak in March. Major hurdles sit higher up ($0.848, $0.910), and the price remains stuck under a long-term downward trendline formed back in December. A convincing break above roughly $0.736 would be needed to signal a more significant bullish shift. Weekend Outlook: Key Levels & Breakout Triggers for ADA For weekend traders, the key levels to watch are resistance around $0.668 and the $0.675–$0.680 zone, and support near $0.644. Related: Are XRP and ADA Leading a Potential Altcoin Relief Rally This Week? A strong move with volume above $0.680 could open the door to testing $0.708 or higher. However, if the $0.644 support fails, ADA could slide further towards $0.620 or even $0.600. Caution makes sense until the price clearly breaks out of its current range. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company. Original Article Share 0 FacebookTwitterPinterestEmail Admin I am the founder and creator of euroman.org 😀 I hope you like what i made. previous post Paris St-Germain win title: How Luis Enrique has transformed French side next post Sam Mendes Beatles biopics targets box office success with Paul Mescal, Harris Dickinson, Barry Keoghan and Joseph Quinn as the Fab Four You may also like Arthur Hayes and Dan Tapiero View Tariffs as Catalyst for Bitcoin Growth 6 April 2025 Has Ethereum hit bottom? – What THIS metric says about ETH’s future 6 April 2025 Mixed-martial arts star Conor McGregor launches meme coin via sealed-bid auction 6 April 2025 From Trillions to Billions: TradFi’s Historic $6T Crash Dwarfs Crypto’s $30B Retreat 6 April 2025 Crypto Firm Sentenced for AI Token Wash Trading After DOJ Undercover Sting 6 April 2025 Bitcoin’s Next Move: Gann Square and the $84K Price Level 6 April 2025 Leave a Comment Cancel Reply Save my name, email, and website in this browser for the next time I comment.