ADA Price (Cardano) Close Below $0.38 Could Spark Larger Degree Correction

Cardano’s price started a fresh decline from the $0.460 resistance. ADA could decline further if there is a clear move below the $0.38 support.ADA price declined heavily from the $0.460 resistance against the US dollar.
The price is trading below $0.400 and the 100 simple moving average (4 hours).
There was a break below a key bullish trend line with support near $0.4150 on the 4-hour chart of the ADA/USD pair (data source from Kraken).
The pair could start a recovery wave if it clears the