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<h2 id="header-0">The ADA price is in a difficult position, trading near a critical support level during a period when the bears have full market control.</h2>The current Cardano price analysis is bullish, indicating that the coin&#39;s price is rising as the bulls try to make a comeback. The cryptocurrency&#39;s price plummeted yesterday after increasing to a limited extent. However, the situation is improving today as the cryptocurrency is struggling to keep its price above $0.445, and since the bulls have shown early momentum, additional price rise is quite likely in the next hours. However, it appears that bears will not allow any upward rise over $0.452, as the price just rejected this level.The daily chart for <a href="https://www.coingabbar.com/en/crypto-currency/cardano-ada-prices-usd" rel="noopener noreferrer nofollow">Cardano</a> price analysis supports the bulls today, as indications of a rebound have appeared. Following yesterday&#39;s decline, the bulls are attempting to raise price levels once more. Despite the price gain, the currency has lost 0.23 percent in the last day, while trading volume has increased by 34.17 percent. The bullish momentum is now weak, but it may get up in the next hours, and the price may rise from its current level of 0.4490 at the time of writing.The daily Cardano price analysis continues to support the buying side, as an increasing trend is being recorded for the day, despite the fact that most technical indicators are still showing negative readings, as the circumstances for the ADA/USD have been very unfavourable in recent weeks. However, the bulls have tried to push the prices up today. The price is currently settling at $0.4500, but the hourly price prediction indicates the opposite trend, and the daily trend may also turn bearish if selling pressure continues.The moving average (MA) value is much higher, at $0.4875 above the price level. However, following a bearish crossover, the SMA 20 is trading below the SMA 50.The volatility is low, and the Bollinger bands show no further movement. The Bollinger Bands Indicator&#39;s upper value is presently $0.520, indicating the strongest resistance, while the lower value is $0.435, representing the strongest support.The Relative Strength Index (RSI) score has also increased somewhat, as the indicator is holding steady at index 43.75, indicating buying activity.According to <a href="https://www.coingabbar.com/en/price-analysis" rel="noopener noreferrer nofollow">Price Analysis,</a> The market capitalization of this ADA is estimated to be $15,360,455,688. The 24-hour trading volume for the coin is around $789,861,190. ADA market capitalization has risen by 0.97%. However, trade volume increased by 34.84% during intraday trading. The market capitalization to volume ratio is 0.05139.On the upside, the price is facing resistance at $0.4630. The major resistance is found near $0.4750. A clear break over $0.4750 might jump a strong rise towards $0.4900. Any more advances might open the door for a move towards the $0.5250 level.If ADA fails to break through the $0.4630 resistance level it may begin a new fall. On the downside, initial support is at $0.4350. The next major support level is at $0.4200. A breach below the $0.4200 support level may increase selling pressure. In the aforementioned scenario, the price of ADA might fall to around $0.4000 in the near future.KEY LEVELS :RESISTANCE LEVEL : $0.4700-$0.4900SUPPORT LEVEL : $0.4300-$0.4000<img src="https://academy-public.coinmarketcap.com/optimized-uploads/8ff2a6b1872b455f8fdf88a320b4a517.png" />Will ADA hold Rounding Top major support lines? Have you noticed something on the chart?

CARDANO PRICE ANALYSIS CMP-$0.4500: Will ADA able to hold $0.42 level?

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