Key Highlights

ADA price failed to move above the $0.3330 resistance and declined against the US Dollar (tethered).
There was a break below a major bullish trend line with support at $0.3200 on the hourly chart of the ADA/USD pair (data feed via Bittrex).
On the upside, there is a connecting bearish trend line forming with resistance at $0.3060 on the same chart.

Cardano price is facing a lot of sell offers against the US Dollar and Bitcoin. ADA/USD remains at a risk of more losses below the $0.2850 support level.