Cardano (ADA) Price Prediction for June 7: Potential Breakout Ahead

Cardano (ADA) price has shown positive momentum today, with a 1.42% increase over the past 24 hours according to CoinMarketCap. The current price hovers around $0.6685. Analysis suggests that ADA might break through local resistance at $0.6705 if buyers maintain their momentum, potentially reaching $0.6750. On a longer timeframe, the ADA price is currently within a trading channel. However, even if today’s candle closes bullishly, further gains may take time as traders consolidate energy.