Cardano Price Technical Analysis – ADA/USD to Break Higher?

Key HighlightsADA price is showing positive signs and is currently trading above the $0.3150 support against the US Dollar (tethered).
There is a major contracting triangle forming with resistance at $0.3330 on the hourly chart of the ADA/USD pair (data feed via Bittrex).
The pair may perhaps break the $0.3330 and 0.3360 resistance levels to gain upside momentum.Cardano price is slowly moving higher against the US Dollar and Bitcoin. ADA/USD is likely to extend gains above the $0.3400 resistance