Cardano Price Technical Analysis – ADA/USD Accelerates Decline

Key HighlightsADA price failed to correct higher and it declined below the $0.3500 support level against the US Dollar (tethered).
There is a key bearish trend line forming with resistance at $0.3650 on the hourly chart of the ADA/USD pair (data feed via Bittrex).
The pair is currently trading below the $0.3500 level and it could decline further in the near term.Cardano price extended its decline against the US Dollar and Bitcoin. ADA/USD is now in a bearish zone and it may continue to decline t