Cardano ADA price analysis reveals that the ADA price is currently correcting near the $0.0500 level after it fell to the 0.0475 dollars mark. Cardano had previously been trading at 0.0560 and couldn’t hold up. It fell below the 0.0550 dollar support and kept going lower. The ADA/USD pair that had it at the 0.0520 dollar support which was also the fifty-five (55) moving average (MA) mark. Cardano ADA price chart by Trading View ADA’s fall from there led it to the monthly low at $0.0475 from where not only did it rebound back to the $0.0500 territory but also