Cardano Price Analysis: ADA/USD Could Extend Declines Below $0.038

Key HighlightsADA price failed to stay above the $0.0380 support and declined recently against the US Dollar (tethered).
There was a break below a major bullish trend line with support at $0.0398 on the hourly chart of the ADA/USD pair (data feed via Bittrex).
The pair could continue to move down and it is likely to revisit the $0.0350 support level.Cardano price failed to gain momentum against the US Dollar and Bitcoin. ADA/USD declined below $0.0380 and it could continue to move down towards $