Cardano Price Analysis: ADA/USD Could Extend Slides To $0.0720

Key HighlightsADA price failed to gain momentum above $0.0800 and declined recently against the US Dollar (tethered).
There is a key bearish trend line formed with resistance at $0.0790 on the hourly chart of the ADA/USD pair (data feed via Bittrex).
The pair is likely to extend the current decline towards the $0.0735 or $0.0720 levels.Cardano price moved into a short term bearish zone against the US Dollar and Bitcoin. ADA/USD could drop to $0.0720 before buyers take a stand.
Cardano Price Anal