Cardano Price Technical Analysis – ADA/USD Remains Supported

Key HighlightsADA price corrected lower from the $0.2745 level, but downsides were limited against the US Dollar (tethered).
There is a major bullish trend line forming with support near the $0.2400 level on the hourly chart of the ADA/USD pair (data feed via Bittrex).
The pair is likely to find a strong buying interest above the $0.2400 level in the short term.Cardano price is placed nicely in a bullish zone against the US Dollar and Bitcoin. ADA/USD downsides remain limited with supports near