Cardano Price Analysis: ADA/USD Eyeing Upside Break Above $0.042

Key HighlightsADA price declined sharply below the $0.0400 support and traded towards $0.0340 against the US Dollar (tethered).
There is a key bearish trend line formed with resistance at $0.0400 on the hourly chart of the ADA/USD pair (data feed via Bittrex).
The pair is likely test the $0.0420 resistance level, which is a crucial barrier for buyers.Cardano price extended losses before buyers appeared against the US Dollar and Bitcoin. ADA/USD must break $0.0420 to gain upside momentum in the n