Cardano is in dangerous territory. Now that it broke the 1.03 support level, the next level of support is around 0.82. The volume and support at that level is not strong, so if the larger crypto market deteriorates over the next few weeks, Cardano could easily close below that level. Closing below 0.82 will likely see a strong sell-off to the 0.41 level. On a fundamental level, the Cardano blockchain is well designed but over the last few months the lack of effort on marketing and building an online following in the crypto community has shown in the price weakness.