After a volatile Q2, major altcoins like Cardano (ADA) and XRP are showing early signs of recovery. Both are now approaching key resistance levels that could determine whether a summer breakout is possible. While broader market momentum remains mixed, technical indicators suggest there may be enough room for upside if volume and sentiment return.
This technical outlook is brought to you by the team at Outset PR, where trend data meets strategic storytelling. This crypto-native PR agency positions crypto projects at the intersection of media visibility and market timing.
Cardano (ADA) Faces Challenging Market with Potential Upside
Source: tradingview
Cardano’s price sits between forty-eight and sixty-three cents, facing pressure after a near eight percent drop in a week. Currently, the closest hurdle for ADA is seventy-two cents. If ADA manages to break this barrier, it could reach eighty-six cents, growing over thirty percent from the low end of its present range. Still, it is riding below key moving averages, and its RSI suggests it isn’t in overbought territory, hinting at a possible upside. The one-month and six-month declines of nearly twenty-seven percent and thirty-eight percent indicate struggles, yet for optimists, the right push could see ADA climbing back to stronger levels.
Outset PR Crafts Communications Like a Workshop, Powered by Data
Founded by renowned crypto PR expert Mike Ermolaev, one of the most promising young entrepreneurs, Outset PR operates like a hands-on workshop, building every campaign with market fit in mind.
Instead of offering random placements or templated packages, Outset PR carefully weaves a client’s story into the market context, showcasing what organic PR looks like:
- Media outlets are selected based on metrics like discoverability, domain authority, conversion rates, and viral potential
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- Timing is mapped to let the story unfold naturally and build trust organically
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Author: Crypto Daily