![Cardano](https://coinquora.com/wp-content/uploads/2022/05/cardano-300x169.jpg)
- The price of Cardano (ADA) has finally reached the long-awaited level of $0.5.
- ADA attempted to break the resistance level of $0.6 thrice but failed.
- An ascending triangle has now formed on the 6-hour chart for ADA/USDT.
The price of Cardano (ADA) has finally reached the long-awaited level of $0.5. Analysts in the industry who have been tracking ADA for a while now kept warning the crypto community that $0.5 was the price that ADA would fall in. Now that the price of Cardano has reached this level, what will it do next?
![](https://coinquora.com/wp-content/uploads/2022/05/ada-1-1024x468.png)