ADA Hovers Around $0.62 as New Enterprise Product Launch Offsets Whale-Driven Pressure

From Yahoo Finance: 2025-06-14 15:47:00

Cardano’s ADA was down 1.71% to $0.6229, with whales selling 270 million ADA worth $170 million. Despite this, Cardano Foundation launched Originate, a product for verifying product origin and authenticity. ADA was added to the Nasdaq Crypto Index, signaling long-term institutional support. Technical analysis shows bearish trends with resistance near $0.642-$0.645.

ADA’s price ranged between $0.6176 and $0.6428, closing at $0.6229 with resistance at $0.642-$0.645. Heaviest volume spikes occurred after 18:00 GMT, showing a bearish trend with rejection at $0.635. Near-term stabilization is expected, but whales continue to influence market direction.



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