• Cardano (ADA) price is showing positive signs above the $0.3720 zone against the US Dollar.
• There was a break above a major bearish trend line with resistance near $0.3700 on the 4-hours chart.
• The bulls could gain momentum if ADA clears the $0.385 and $0.388 resistance levels.
Cardano Price Analysis
Cardano price is rising above $0.380 against the US Dollar, similar to Bitcoin. This week, Cardano price started a steady increase above the $0.362 resistance zone against the US Dollar, gaining pace for a move above the $0.370 and $0.375 levels with a break of a major bearish trend line at $0.3700 on the 4-hours chart (data feed via Coinbase). However, bears appeared near $0