Oct 8, 2018
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Cardano Price Analysis: ADA/USD Showing Positive Signs Above $0.080

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Key Highlights

  • ADA price is trading with a bullish angle above the $0.0800 support against the US Dollar (tethered).
  • There was a break above a major bearish trend line with resistance at $0.0820 on the hourly chart of the ADA/USD pair (data feed via Bittrex).
  • The pair is likely to continue higher towards the $0.0880 and $0.0900 levels in the near term.

Cardano price is slowly moving higher against the US Dollar and Bitcoin. ADA/USD could continue to trade higher and dips remain supported near $0.0820.

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