• ADA prices have begun recovery waves from the $0.6420 zone.
• The price is below $0.680 and trades a simple moving average of 100 hours.
• On the hourly chart of the ADA/USD pair (Kraken data source), the break was $0.650 on top of the bearish trendline of connections with resistance.
• Clearing the resistance zone of $0.6850 may cause the pair to start another increase.

Cardano prices face resistance

Over the past few days, Cardano has seen a new decline from the $0.730 level, like Bitcoin and Ethereum. The ADA fell below the support levels of $0.70 and $0.680.

The lows formed at $0.6426, and prices are rising again. There was a move above the $0.6550 level. This price has cleared the FIB retracement level of 23.6%, a recent decline from the recent low of 0.7298 Swing High to $0.6426. Plus, on the ADA/USD pair hourly wage chart, the break exceeded the bearish trendline for connections with resistance was $0.650.

However, the bear is active near $0.6850 resistance and 50% FIB retracement levels, with a drop from the recent decline of $0.6426. Cardano Price is currently below $0.680 and trades a simple 100-hour moving average.

The advantage is that the price can face resistance near the $0.680 zone. The initial resistance is nearly $0.6850. The next important resistance may be $0.7090. If the resistance exceeds $0.7090, the price could launch a strong rally. If stated, the price could rise towards the $0.730 region. Any further profits may seek a move to $0.750 in the short term.

Another drop in the ADA?

If Cardano’s price does not rise above the $0.6850 resistance level, it could begin another decline. Instant support on the downside is close to the $0.6630 level.

The next major support is close to the $0.6500 level. A lower break below the $0.650 level could open the door for a $0.6320 test. The next major support is close to the $0.6175 level where the Bulls could possibly emerge.

Technical indicators

HOURLY MACD – ADA/USD’s MACD is losing momentum in the bullish zone.

Hourly RSI (Relative Strength Index) – ADA/USD RSI is above 50 levels.

Key support levels – $0.6630 and $0.6500.

Major resistance levels – $0.6850 and $0.7090.

Images tied to the popular Ethereum NFT collections Clone X and Animus temporarily disappeared on April 24, leaving collectors with blank screens and a notice about a terms of service violation.

The glitch follows the closure of RTFKT, the digital studio behind the collections, which was shut down by Nike in December 2024. Whilst ownership and metadata remained secure on the blockchain, the visual assets linked to the tokens became temporarily inaccessible due to a third-party hosting problem.

RTFKT’s former Head of Technology, Samuel Cardillo, has since confirmed efforts are underway to prevent similar disruptions in the future.

Why did the NFTs disappear?

The images for RTFKT’s Clone X and Animus collections disappeared after Cloudflare downgraded the account responsible for serving the files. The downgrade, which Cardillo said happened a few days before the paid contract was due to expire, resulted in restrictions being applied to the content.

Instead of displaying NFT images, holders saw a generic black screen with a message indicating that the content had been restricted for violating Cloudflare’s terms of service. This occurred because the files were not stored directly on the Ethereum blockchain, but rather hosted off-chain and delivered through Cloudflare’s services.

Whilst the NFTs themselves were unaffected—the tokens, metadata, and ownership records remained on-chain—the incident highlighted the risks of relying on centralised hosting to display NFT content.

What’s next for RTFKT?

Although RTFKT as a company was closed by Nike in late 2024, its collections continue to exist and circulate in the secondary market. To safeguard the media assets associated with those collections, Cardillo announced a migration to Arweave, a decentralised storage network that allows users to store files permanently.

Using AR Drive, a tool built to interface with Arweave, the team plans to move approximately 200GB of image data by the end of April. This transition aims to eliminate reliance on services like Cloudflare and ensure that holders can continue to view their NFTs regardless of third-party service interruptions.

The storage move is estimated to cost around $2,800 and is intended to provide a more reliable solution for long-term access to the digital files linked to RTFKT’s NFTs.