Cardano ADA Price Prediction: Key Resistance Ahead at $0.60

Cardano (ADA) is showing signs of life after hitting a recent low of $0.510. While the broader crypto market remains volatile due to macroeconomic tension, ADA has staged a modest recovery. Still, the altcoin faces strong resistance at $0.60, a level that could determine whether the next move is bullish or bearish. 

ADA has rebounded more than 15% from its recent low, but traders remain cautious. The coin is trading below key technical indicators, including the 100-hour moving average. As Cardano attempts to break past resistance, the $0.60 zone could make or break its short-term price path.

Cardano Resistance Level Stalls Recovery Effort

The recent bounce in Cardano’s price from $0.510 to nearly $0.60 was fueled by short-term buying after an extended selloff. However, ADA is still below the crucial 100-hour simple moving average and is struggling to build bullish momentum. 

A key Cardano resistance level is forming near $0.60, reinforced by a bearish trendline on the hourly chart. A clear move above $0.60 and the 61.8% Fibonacci retracement level of the $0.671 to $0.510 drop could open the gates to $0.63. However, failure at this level might reignite bearish pressure.

ADA Technical Analysis: Breakout or Breakdown?

According to ADA technical analysis, a breakout above $0.63 could trigger a new wave of bullish sentiment. In that case, ADA might climb toward $0.68, with the potential to retest $0.70 if buying volume increases. 

On the flip side, if bulls fail to clear $0.60, ADA risks dipping to immediate support near $0.568. A drop below $0.555 could bring ADA back to $0.532, and possibly even $0.50—a key psychological level where bulls could try to regroup.

Conclusion: ADA at a Crossroads as Volatility Grows

Cardano (ADA) is facing a crucial moment as its price hovers near the $0.60 resistance level. In today’s unpredictable market, this level has become a key battleground between buyers and sellers. If bulls manage to push ADA above $0.60 with strong momentum, we could see a short-term rally unfold, possibly taking the token higher in the coming days. 

But if the price gets rejected again, what makes this situation even trickier is the broader uncertainty in the global market. Inflation worries, interest rate decisions, and geopolitical shifts are all impacting investor sentiment. 

Traders should closely watch key indicators like trading volume, trendline support, and news from global markets to better understand where C

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