The price of Cardano (ADA) has been declining as it failed to break above important resistance levels. However, there is still potential for upside movement in the weeks to come. On the ADA/USDT chart, the price has dropped since being rejected at the $1.3 resistance level, but the $0.75 support level is still holding. If the market can break the bearish trendline, it could potentially see a move towards $1.3 and higher. On the ADA/BTC chart, the price has already fallen below the 1000 SAT level and is consolidating below it. There is a possibility of further decline towards the 200-day moving average around the 700 SAT mark. However, this scenario would be invalidated if the price manages to climb back above the 1000 SAT area.



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