Cardano Price Technical Analysis – ADA/USD is Bullish Again

Key HighlightsADA price started a nice upside move and traded above the $0.2000 level against the US Dollar (tethered).
There is a major ascending channel forming with support at $0.2000 on the hourly chart of the ADA/USD pair (data feed via Bittrex).
The pair may correct a few points, but it remains supported above the $0.2000 and $0.1800 levels.Cardano price is gaining upside momentum against the US Dollar and Bitcoin. ADA/USD is likely to remains in a bullish zone as long as it is above $0.18