Cardano Price Technical Analysis – ADA/USD Facing Crucial Resistance

Key HighlightsADA price after a sharp decline below $0.20 found support near $0.1250 against the US Dollar (tethered).
There was a break above a key bearish trend line with resistance at $0.1550 on the hourly chart of the ADA/USD pair (data feed via Bittrex).
The pair is currently facing a major resistance near $0.165 and the 100 hourly simple moving average.Cardano price is slowly recovering against the US Dollar and Bitcoin. ADA/USD has to surpass the $0.165 and $0.180 resistance levels to rec