Cardano Price Analysis: ADA/USD Primed for More Gains

Key HighlightsADA price formed a decent support base near the $0.0600 level against the US Dollar (tethered).
There was a break above a crucial declining channel with resistance at $0.0680 on the hourly chart of the ADA/USD pair (data feed via Bittrex).
The pair may continue to rise in the short term towards the $0.0750 and $0.0800 levels.Cardano price is grinding higher against the US Dollar and Bitcoin. ADA/USD could gain traction once it clears the $0.0710 resistance in the near term.
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