05-09-2018 10:15 via newsbtc.com

Cardano Price Analysis: ADA/USD Slowly Climbing Toward $0.1100

Key HighlightsADA price found support above the $0.1000 level and it is currently moving higher against the US Dollar (tethered).
There is a major bullish trend line in place with support at $0.1050 on the hourly chart of the ADA/USD pair (data feed via Bittrex).
The pair is likely to move higher towards the $0.1080 and $0.1100 resistance levels.Cardano price is slowly rising against the US Dollar and Bitcoin. ADA/USD could continue to move higher towards the $0.1100 level in the near term.
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