$ADA Cardano (ADA) is currently trading at $0.62, with a decline of 1.16% from the previous price. Its market capitalization is $22.48 billion. ADA faces resistance at higher levels, as indicated by technical analysis, which shows the 20-day exponential moving average declining ($0.69) and the RSI in negative territory. Crucial support is at $0.60, and if broken, it could drop to $0.50. On the other hand, a breakout above the 50-day simple moving average ($0.72) could signal a trend reversal.¹ ²