09-02-2018 09:00 via newsbtc.com

Cardano Price Technical Analysis – ADA/USD Consolidating below $0.4000

Key HighlightsADA price is struggling to move above the $0.3600 and $0.3800 resistance levels against the US Dollar (tethered).
There is a short term contracting triangle forming with resistance at $0.3400 on the hourly chart of ADA/USD (data feed via Bittrex).
The pair may soon break the triangle for the next move either above $0.3500 or below $0.3200.Cardano price is currently moving inside a range against the US Dollar and Bitcoin. ADA/USD may soon make the next move either above $0.3500 or b
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