Cardano Price Technical Analysis – Can ADA/USD Regain Momentum?

Key HighlightsADA price started a minor upside move and traded above the $0.300i0 level against the US Dollar (tethered).
There was a break above a major bearish trend line with resistance at $0.3130 on the hourly chart of the ADA/USD pair (data feed via Bittrex).
The pair traded as high as $0.3369 and it is currently correcting lower.Cardano price is showing a few positive signs against the US Dollar and Bitcoin. ADA/USD must stay above the $0.3000 level to gain upside momentum in the near term