Cardano

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Most of the coins have not found a local bottom, according to <a href="https://u.today/bitcoin-btc-price-prediction-for-june-20" rel="noopener noreferrer nofollow">CoinMarketCap</a>. <img src="https://u.today/sites/default/files/inline-images/top10_1192.png">Top coins by<a href="https://coinmarketcap.com/" rel="noopener noreferrer nofollow"> CoinMarketCap</a>
<h2 class="text-align-justify" id="ada-usd">ADA/USD</h2>
The rate of Cardano (ADA) has dropped by 1.29% over the last 24 hours. <img src="https://u.today/sites/default/files/inline-images/ada1_116.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/ADAUSDT" rel="noopener noreferrer nofollow">TradingView</a>
On the hourly chart, one should pay attention to the local support level of $0.3796. If the daily bar closes far from it and closer to the resistance, there is a chance to see a test of the $0.39 zone tomorrow. <img src="https://u.today/sites/default/files/inline-images/ada2_115.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/ADAUSDT" rel="noopener noreferrer nofollow">TradingView</a>
On the bigger time frame, traders should focus on the candle's closure in terms of the nearest support level of $0.3772.&nbsp;
If sellers' pressure continues, there is a possibility of seeing a breakout, followed by a further drop to $0.3575. <img src="https://u.today/sites/default/files/inline-images/ada3_100.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/ADAUSDT" rel="noopener noreferrer nofollow">TradingView</a>
From the midterm point of view, the situation remains bearish. If the bar closes with no long wick and below $0.3793, the energy might be enough for a move to the $0.35 range.
ADA is trading at $0.3826 at press time.

Cardano (ADA) Price Prediction for June 21

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