#solid support base

Cardano Price Analysis: ADA/USD Breaks Key Resistance, $0.14 Next?

Key Highlights

ADA price moved higher recently after forming a support near the $0.1225 level against the US Dollar (tethered).

There was a break above a key contracting triangle with resistance near $0.1290 on the hourly chart of the ADA/USD pair (data feed via Bittrex).

The pair is likely to move higher once it breaks the $0.1365 resistance area in the near term.

Cardano price is slowly…

Ethereum Price Analysis: ETH/USD Broke Key Resistance

Key Highlights

ETH price made a nice upside move and broke the $495 resistance against the US Dollar.

There was a break above a major bearish trend line with resistance at $498 on the hourly chart of ETH/USD (data feed via Kraken).

The pair is now placed nicely above the $500 level and the 100 hourly simple moving average.

Ethereum price climbed higher above key levels against the US Dollar and…