Cardano/USD currency price (ADAUSD) inched higher in the intraday levels, with positive signals from the RSI after reaching oversold levels, while trying to vent off oversold saturation there, amid the dominance of the main downward trend, as the price trades alongside the secondary short-term trend line, with negative pressure due to trading below the 50-day SMA.

Therefore we expect the price to return lower, targeting the pivotal support of $0.303, provided the resistance of $0.402 holds on.