Cardano (ADA) Price Analysis: Primed For More Upsides

Cardano Price 800x600

ADA price is gaining bullish momentum above the $0.0425 resistance area against the US Dollar. The price is likely to break the $0.0450 and $0.0465 resistance levels in the near term. There is a key bullish trend line forming with support near $0.0425 on the 4-hours chart (data feed via Kraken). The price is following a decent bullish path above the $0.0425 and $0.0420 support levels. Cardano price is showing bullish continuation signs against the US Dollar and bitcoin. ADA price is likely to climb above $0.0450 to continue towards $0.0500. Cardano Price Analysis After a successful close above the $0.0400 resistance, cardano price mostly followed a bullish path against the US Dollar. Moreover, ADA/USD broke the $0.0412 and $0.0420 resistance levels. The price is now trading nicely above the $0.0420 level and the 55 simple moving average (4-hours). At the moment, the price is trading near the key $0.0450…

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