In recent weeks, Cardano's value has remained steady, following a notable drop in April. There's hope for a recovery, especially if Bitcoin, the leading cryptocurrency, makes significant gains. Currently, Cardano is trading between $0.433 and $0.521, showing signs of stability. However, if the support at $0.433 turns into resistance, it could impact positive expectations.

Cardano faced a setback after a sharp decline in the overall cryptocurrency market in April. Yet, it found a range between $0.433 and $0.521, indicating a possible stabilization. Despite trading at lower levels, there's anticipation for a rise above $0.433, which could signal a buying opportunity.

Market strategies often involve scanning lower ranges to mislead investors, causing temporary pressure. If Cardano surpasses $0.433, it could aim for $0.521, suggesting a recovery of about 20%. Alternatively, breaking above $0.521 might lead to retesting the resistance at $0.576, potentially yielding a 33% gain.

However, failing to rise above $0.433 could signal weakness, possibly leading to a settlement around $0.385. The relationship between Cardano and Bitcoin remains significant, with Cardano reacting to Bitcoin's movements, a pattern likely to persist.

In conclusion, Cardano's current price levels hint at a potential recovery, with key thresholds indicating possible directions. Keeping an eye on Bitcoin's movements could offer further insights into Cardano's future trajectory.