Cardano Price Prediction: $0.6625 Breakdown—What’s Next for ADA?

Cardano price slips to $0.6625, breaking trendline support. Can bulls reclaim $0.70, or is a slide to $0.55 now likely?

Maham Arslan•Monday, May 5, 2025•1 min read

Cardano Price Prediction: $0.6625 Breakdown—What’s Next for ADA?

Quick overview

Cardano price slips to $0.6625, breaking trendline support. Can bulls reclaim $0.70, or is a slide to $0.55 now likely?

ADA is struggling with the $0.70 resistance zone and has fallen 3.3% to trade at $0.6625. This break below the trendline weakens the short term outlook.

The pivot at $0.6708 failed to hold and price is now below both the 50 EMA ($0.6924) and 200 EMA ($0.6798) which is a bearish setup for technical traders.

Unless ADA gets back above $0.6708-$0.6800 zone the odds of further decline are high.

ADA/USD

Bearish Signals Weigh on ADA

The bearish crossover in indicators is putting pressure on ADA. MACD is flattening and price has not been able to reclaim the 200 EMA.

ADA/USD has immediate resistance at $0.6708 and then $0.6938. On the downside support is at $0.6504 and $0.6338—levels that may get tested if bulls remain dormant.

Price below both 50 EMA ($0.6924) and 200 EMA ($0.6798)
MACD momentum is fading
Resistance at $0.6708 and $0.6938
Support levels at $0.6504 and $0.6338

Derivatives Market Remains Bullish Despite Pullback

Despite the technical breakdown the derivatives market is still bullish. According to Coinglass 70% of ADA positions are long and the long/short ratio is 2.40. If ADA gets back above $0.6708 and breaks $0.6938 a short squeeze may follow.

Binance data shows that a move above $0.70 could trigger $4.44 million in liquidations—fuel for a fast move. But if $0.66 fails to hold $2.33 million in long liquidations.

Summary

ADA’s near-term trend has turned bearish, but high long interest suggests bulls haven’t given up. Traders should watch the $0.6708–$0.6938 zone closely. A clean break higher could reignite the path toward $0.76 and possibly $1.

Failure to hold $0.6504, however, might bring $0.6338 or even $0.55 into play.

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ABOUT THE AUTHOR See More

Maham Arslan

Crypto News Writer | Blockchain & Web3 Reporter

Maham is a crypto news writer and market analyst specializing in breaking down the latest developments across blockchain, digital assets, and decentralized finance (DeFi). With hands-on experience covering high-impact stories—from regulatory shifts and token launches to macro-driven price movements—she delivers timely, accurate, and SEO-optimized content for fast-growing crypto media platforms. Her expertise lies in producing daily news reports, price predictions, technical summaries, and coverage of market-moving events. Maham tracks real-time updates across global newswires, X (Twitter), and on-chain data to provide actionable insights tailored for retail traders, crypto enthusiasts, and institutional readers. With a strong grasp of crypto fundamentals and Web3 trends, she delivers content that’s informed, accessible, and always on time.