Cardano Price Analysis: ADA/USD Could Extend Declines To $0.072

Key HighlightsADA price failed to stay above the $0.0760 support and extended losses against the US Dollar (tethered).
There was a break below a key bullish trend line with support at $0.0760 on the hourly chart of the ADA/USD pair (data feed via Bittrex).
The pair may perhaps continue to move down towards the $0.0730 or $0.0720 support.Cardano price is slowly moving lower against the US Dollar and Bitcoin. ADA/USD could accelerate declines towards the $0.0720 support in the near term.
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