The post Cardano (ADA) Price Prediction For November 29 appeared first on Coinpedia Fintech News
Cardano (ADA) is currently trading above the $1 mark and has drifted into the green zone at the time of writing. Up by more than six percent, ADA is now eyeing levels above $1.50. The general market sentiment has also turned green, with Bitcoin trading above the $96k levels. Apart from ADA, XRP has also rallied, up by more than ten percent. Here’s an ADA price breakdown by analyst Josh of Crypto World:
Current Resistance Zone:
Cardano’s price remains below a significant resistance range, located between $1.13 and $1.23. This area has previously caused a rejection, and until a breakout occurs above this zone, it’s expected to continue acting as strong resistance.
Potential Breakout and Price Target:
If Cardano breaks above the $1.23 mark, the next major resistance level sits at around $1.76, based on Fibonacci analysis. A confirmed breakout could lead to a price surge,
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