A clear upside break above the $0.482 level might send the price towards the $0.525 resistance. The next major resistance is near the $0.460 level. On the upside, an immediate resistance is near the $0.450 zone. Any more losses might call for a test of the $0.365 level. The next major support is near the $0.421 level, below which the price may perhaps decline towards the $0.40 support level. On the downside, an immediate support is near the $0.435 level. ADA is now trading below $0.450 and the 55 simple moving average (4-hours). There was a break below a major contracting triangle with support near $0.460 on the 4-hours chart. As a result, there was a fresh decline below the $0.465 level. The lowest price since its ATH was 0.395110 (cycle low). Cardano reached its highest price on when it was trading at its all-time high of 3.10.
The ADA price decreased -1.47 in the last 24 hours. It got rejected near the 61.8% Fib retracement level of the downward move from the $0.529 swing high to $0.435 low. Cardano price today is 0.558365 with a 24-hour trading volume of 984.73M, market cap of 18.88B, and market dominance of 1.59. However, it faced a strong rejection near the $0.490 zone.
The price gained strength above the $0.475 level and the 55 simple moving average (4-hours). There was a move above the 50% Fib retracement level of the downward move from the $0.529 swing high to $0.435 low. The ADA/USD pair was able to clear the $0.460 and $0.462 resistance levels. This past week, cardano price started an upside correction above the $0.450 level against the US Dollar. ADA price could gain bearish momentum if it clears the $0.435 support. Following WCAG 2.1 AA & Accessibility Laws such as ADA, SEC 508 & AODA.