ADA price rallied recently and broke the $0.0380 and $0.0400 resistance levels against the US Dollar.
There was a break above a crucial bearish trend line with resistance at $0.0370 on the 4-hours chart (data feed via Kraken).
A contracting triangle is formed with resistance at $0.0412 and support near $0.0400 on the same chart.
The price could correct lower a few points, but it is likely to find support near the $0.0392 zone.
Cardano price gained bullish momentum recently against the US Dollar and Bitcoin. ADA is trading nicely above the $0.0400 and
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