Following a recent price drop triggered by a blockchain network glitch, Cardano (ADA) is navigating a period of recovery. While exchanges temporarily halted trading due to the issue, developers swiftly resolved it, with Charles Hoskinson reassuring the market that no major operations were affected. 4-hour charts show ADA’s downward trend since late October before finding support around $0.41-$0.42. This indicates a potential easing of selling pressure. However, resistance lies near $0.44-$0.45, and exceeding this range could trigger a rally towards the next target of $0.48. On the other hand, if sellers regain control, a drop back to the key support level at $0.387 remains a possibility.