Cardano Price Analysis: ADA/USD Could Correct Towards $0.075

Key HighlightsADA price traded above the $0.0800 resistance before correcting lower against the US Dollar (tethered).
There was a break below a major bullish trend line with support at $0.0785 on the hourly chart of the ADA/USD pair (data feed via Bittrex).
The pair remains at a risk of more declines below the $0.0770 and $0.0760 levels in the near term.Cardano price is currently correcting lower against the US Dollar and Bitcoin. ADA/USD could slide towards $0.0750 if sellers remain in action i