Key HighlightsADA price tested the $0.090 support area and recovered higher against the US Dollar (tethered).There was a break above a key bearish trend line with resistance at $0.0940 on the hourly chart of the ADA/USD pair (data feed via Bittrex).The pair is trading in a positive zone above the $0.095, but it facing a major resistance near $0.100.Cardano price is trading with positive moves against the US Dollar and Bitcoin. ADA/USD must break the $0.100 and $0.105 resistance levels.Cardano Price AnalysisAfter a downward move below the $0.1000 support, cardano price found support near $0.090 against the US Dollar. The ADA/USD pair started a recovery and moved above the $0.095 resistance level. The price also moved above the 23.6% Fibonacci retracement level of the last slide from the $0.1119 high to $0.0904 low, which is a positive sign.Moreover, there was a break above a key bearish trend line with resistance
Like this article? Take a second to support us on Patreon!