#further upsides

Cardano Price Analysis: ADA/USD Approaching Support

Key Highlights

ADA price traded above the $0.2200 resistance level before correcting lower against the US Dollar (tethered).

There was a break below a connecting bullish trend line with support at $0.2300 on the hourly chart of the ADA/USD pair (data feed via Bittrex).

The pair is currently approaching a major support area near the $0.2180 and $0.2150 levels.

Cardano price is correcting lower…