- Cardano Price Prediction ADA Tests Important Support Levels
- ADA hovered around the 20-day EMA, and the next resistance was seen at $0.1811.
- Kraken increased Cardano staking while activity on the platform remained robust despite weak derivatives trade.
Cardano Price continues to be in focus following the pullback in ADA during the previous 24 hours, taking the cryptocurrency back to a significant technical support zone while market participants watched for further macroeconomic events and developments in the Cardano ecosystem.
The token was changing hands at $0.1602, indicating a 2.4% loss in value from the previous day after dipping below the level of $0.158 on the intraday chart before rebounding.
Cardano Price Predictions: Eyes on 20-Day EMA
On the daily chart, ADA dipped towards the 20-day EMA at $0.1667 after it failed to sustain its recent rally beyond the level of $0.20 in July. During the last 24-hour session, ADA dropped to an intraday low of $0.1572 before rallying.
Source: Trading View
RSI divergence was 43.04, whereas the bullish divergence spotted during the June lows is still on but it is losing its strength as it is no more near the level of 60 when the last rally took place.
The higher EMAs continued to act as a technical framework. The 50-day EMA at $0.1811 continues to be above the current market price, while the 100-day EMA stands at $0.2111. Both these levels continue to act as resistance levels as ADA failed to reclaim its previous support level ranging from $0.20-$0.22.
The support and resistance zones are clearly visible
Technical data from recent times revealed two important support zones for the traders to monitor.
Important support levels
- $0.1572 – The recent intra-day low level.
- $0.1500 – The immediate lower level of support to the current market level.
Important resistance levels
- $0.1667 – Corresponding to the 20-day exponential moving average.
- $0.1811 – Corresponding to the 50-day exponential moving average.
These price zones became the main technical indicators when ADA was trading at a narrow price range and overall market participation decreased.
| Technical Level | Price |
| Current ADA Price | $0.1602 |
| Intraday Support | $0.1572 |
| Secondary Support | $0.1500 |
| 20-Day EMA | $0.1667 |
| 50-Day EMA | $0.1811 |
| 100-Day EMA | $0.2111 |
Development and Institutional Stake Operations Persist
As ADA moved below several levels of resistance, fresh network information revealed sustained activity on the Cardano network.
During the month of June, Kraken reported 12 Cardano stake pools with approximately $1 billion of ADA staked. The registrations represented dedicated staking infrastructure supporting Cardano’s proof-of-stake network rather than an automated operational process.
Development activity also remained active. According to Token Terminal data, Cardano recorded 233 GitHub code commits over the previous seven days. The figure ranked the network fifth among Layer-1 blockchains and represented approximately 6.2% of roughly 3,700 Layer-1 commits recorded during the same period.
Everstake is another staking service that found that Cardano belongs to the number of blockchain platforms that showed a rise in their development activity and that developers are still involved in the project and its growth.
Additionally, in February 2025, the Cardano Foundation suggested setting up a separate off-chain governance forum after the Cardano Constitution was adopted.
Derivatives Market Indicates Lowered Trading Volume
From the recent statistics of derivatives, there is an indication of lower participation ahead of upcoming macroeconomic events.
The trading volume reduced by 18.92% while options volume reduced by 92.94%. However, despite the reduction in trading volume, open interest stayed at $388 million, showing that most of the positions were unchanged.
Source: Coinglass
Data from liquidation indicates that most of the losses were incurred through leveraged long positions within the last 24 hours. The long liquidation was recorded to be $1.48 million compared to $39,000 short liquidation.
Volume and Positioning Slow Down Before Key Data
Volume fell by 18.92%, and options volume fell by 92.94%, as market players decreased their volume before key economic indicators were released.
Open interest stayed unchanged at $388 million, as players held their existing positions despite decreasing trading volumes. There was mixed positioning as well, with top trader positions holding a 2.38 long/short ratio, compared to 0.92 for the wider market.
Cardano Price Prediction and Events on the Macro-Level
It should be noted that the Cardano Price Prediction forecast was also aligned with various events taking place beyond the charts.
The geopolitical tensions grew after Iran conducted missile and drone attacks in Bahrain, Kuwait, Qatar, Jordan, and UAE because of warnings from the U.S. regarding the Strait of Hormuz. The United States subsequently carried out a third round of retaliatory strikes.
At the same time, market participants continued monitoring upcoming Consumer Price Index (CPI) and Producer Price Index (PPI) releases, together with expected developments surrounding the CLARITY Act, creating a data-heavy week for digital asset markets.
Governance issues within the Cardano network were also evolving as EMURGO, which is one of the three founders of Cardano, announced on July 8 that it had officially notified the involved parties about its decision to pull out from the Pentad, the Cardano strategy governing body.
It noted that the decision was related to the SecondFi hack, further stating that the most immediate concern of the firm had now become the process of recovering the impacted investors.
ADA Price Prediction Analysis to Depend on Nearby Technical Levels
Latest Cardano Price Prediction scenarios revolved around the technical levels nearby the prevailing price level.
If ADA manages to stay above the 20-day EMA with stabilizing market conditions, then the next target is set at the 50-day EMA at $0.1811.
On the other hand, if the 20-day EMA fails to hold in case of further weakness, then the next target could be seen at the $0.1500 support level following the recent intraday low of $0.1572.
FAQs
What is the current forecast for Cardano price?
The current forecast revolves around ADA staying above the 20-day EMA at $0.1667 and moving on to the 50-day EMA at $0.1811 or the $0.1500 support level in case of weakness.
What is the key support level for ADA?
The nearest support level to consider is the latest intraday low of $0.1572 and the next important support level is $0.1500.
What are the key resistance levels?
Key immediate resistance comes from the 20-day EMA at $0.1667 and the 50-day EMA at $0.1811. Earlier supports in the $0.20-$0.22 range are now acting as resistance.
