ADA price action Cardano's ADA recent price rise appears to have stalled under the pressure of its daily moving averages. ADA began to rise gradually and reached highs of $0.51 on May 21 before running into resistance. After that, ADA decreased for four days in a row before rising again. Selling has continued, with ADA down 0.33% to $0.4611 at the time of writing, during the last 24 hours. The 50-day and 200-day simple moving averages (SMA) have posed significant barriers to the rising trend of ADA since the beginning of April. Further conjecture over the short-term price trajectory of ADA is raised by a recent crossing that showed a death cross. The 50-day EMA serves as an immediate resistance level for ADA in the short term, which it must surpass to indicate a possible rally.

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