⇐Is Cardano (ADA) Resilient? Analyzing Its Prospect for Recovery⭐ After reversing gains, Cardano (ADA) reached $0.4520. To climb once more, ADA has to stay above $0.450. ADA is having difficulty surpassing $0.4750. The 100-hour SMA and $0.460 are both below the price. On the hourly chart, the bearish trend line with resistance at $0.4570 was broken by ADA/USD. If it closes above $0.4620, the pair might increase. Support for Cardano Price Tests After failing to breach the $0.4750 barrier in previous sessions, Cardano has declined. Like Bitcoin and Ethereum, ADA dropped below $0.4620 and challenged $0.4520. Following a low of $0.4516, the price is consolidating losses. Over $0.4550, there was a slight upswing in activity. On the hourly chart, the bearish trend line with resistance at $0.4570 was broken by ADA/USD. Both of them contested the The pair tested the most recent decline from the $0.4743 swing high to the $0.4516 low, which is a 23.6% Fib retracement. Cardano is trading below the 100-hour SMA and $0.4620. On the upside, resistance at $0.4960 is approaching. The initial barrier, $0.4620, is being approached by the 50% Fib retracement of the most recent decline from the $0.4743 swing high to the $0.4516 low. A potential roadblock is $0.4750. A close over the $0.4750 mark might lead to a significant increase. In this case, the cost might come to $0.50. Additional raises could result in $0.5250. Additional ADA losses? Cardano could drop further if it can't break through the $0.4620 barrier. Immediate downside support is around $0.4520. The next significant support is around $0.4460. $0.4320 might be challenged by a decline below $0.4460.

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