Cardano (ADA) June 2025 Price Analysis: Will it Drop to $0.69?

Jakarta, Pintu News – The price of Cardano (ADA) in recent days has shown a relatively calm movement but it is important to pay attention to short-term traders. Technical analysis based on Bollinger Bands indicates the potential for significant movement in the near future.

Although there have been no major spikes so far, ADA’s price position below the indicator’s centerline is a warning signal. This article discusses how this technical pattern could lead to a decline towards the $0.69 area, as well as the conditions to watch out for if the price is to reverse upwards.

Cardano Price Condition Based on Bollinger Bands

Cardano (ADA) is currently trading at around $0.7709, slightly below the middle line of the Bollinger Bands at $0.7712. Although the difference is slight, this drop is quite significant in technical analysis, as it shows that the buying pressure is not strong enough to keep the price above the key level. Previously, ADA attempted to break the midline, but was immediately rejected, indicating weak buying momentum at the moment.

Instead of continuing to rise, the price again enters into a consolidation pattern. In this context, prices below the center line usually signal a tendency towards a downward direction. If there is no strong recovery, then a gradual decline to the lower support level becomes a plausible scenario.

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Bollinger Bands Compression and its Implications

Narrowing Bollinger Bands indicate a phase of price compression, a condition that is often followed by large movements. However, the direction of that movement – up or down – is still not entirely certain. Since the price is currently below the center line, the technical bias is toward the downside.

If selling pressure continues to increase, the next technical target is the lower line of the Bollinger Bands at around $0.6968 (approx. IDR11,218). The drop to this level is not expected to be sudden, but rather in the form of a gradual decline. This makes short-term price surveillance strategies important for active traders in the cryptocurrency market.

Reversal Conditions and Recovery Scenarios

To reverse the direction of the current trend, ADA needs to break and hold above the middle line of the Bollinger Bands with strong volume support. A momentary breakout, like the recent one, is not enough to form a bullish pattern. Traders need to see a clear price close above that level to confirm a potential trend reversal.

If this scenario occurs, it could be a starting point for a rally to the next resistance area. However, without any solid technical confirmation, the short-term upside potential is still limited. Therefore, further analysis with additional indicators is recommended to strengthen investment decisions.

Conclusion

Currently, Cardano (ADA) is facing technical pressure that could push the price down towards the $0.69 support level. Although there are no signs of a sharp correction, the price position below the middle line of the Bollinger Bands is a signal that selling pressure is still dominant.

For crypto investors and traders, close monitoring of price and volume movements in the next few sessions is important to determine the next direction. These calm market conditions are often the start of the next big move.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• U.Today. Cardano (ADA) to $0.69: Bollinger Bands Price Prediction. Accessed May 27, 2025.
• Featured Image: FxMag