Cardano

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Bears are getting back in the game, according to <a href="https://u.today/bitcoin-btc-price-prediction-for-november-19" rel="noopener noreferrer nofollow">CoinMarketCap</a>. <img src="https://u.today/sites/default/files/inline-images/top10_1483.png" data-entity-uuid="296f1421-5538-4f15-b794-1e6ddf330566" data-entity-type="file" data-caption="Top coins by<a href=&quot;https://coinmarketcap.com/&quot;> CoinMarketCap</a>">
<h2 class="text-align-justify" id="ada-usd">ADA/USD</h2>
Cardano (ADA) is one of the biggest gainers today, rocketing by more than 10%. <img src="https://u.today/sites/default/files/inline-images/ada1_132.png" data-entity-uuid="4039028b-8abe-4acb-aa68-f14a47bd968a" data-entity-type="file" data-caption="Image by&amp;nbsp;<a href=&quot;https://www.tradingview.com/symbols/ADAUSDT&quot;>TradingView</a>">
On the hourly chart, the price of ADA is near the local resistance of $0.8484. If bulls can hold the initiative and the daily bar closes around that mark, growth may continue to the $0.90 range. <img src="https://u.today/sites/default/files/inline-images/ada2_129.png" data-entity-uuid="b125a350-1dbd-4a3b-97aa-441db4be215c" data-entity-type="file" data-caption="Image by&amp;nbsp;<a href=&quot;https://www.tradingview.com/symbols/ADAUSDT&quot;>TradingView</a>">
From the midterm point of view, traders should focus on the candle's closure in terms of the $0.8193 level. If the bar closes with no long wick, the accumulated energy might be enough for an ongoing upward move to the $0.90-$0.95 area soon. <img src="https://u.today/sites/default/files/inline-images/ada3_116.png" data-entity-uuid="d86e6069-8f11-4a72-925c-d6bec321097a" data-entity-type="file" data-caption="Image by&amp;nbsp;<a href=&quot;https://www.tradingview.com/symbols/ADAUSDT&quot;>TradingView</a>">
From the midterm point of view, the picture is quite similar. At the moment, there are no reversal signals yet; however, one should wait until the weekly bar closes.
If it happens around current prices, there is a possibility to see a test of the vital $1 zone.
ADA is trading at $0.8224 at press time. <a href="https://u.today/cardano-ada-price-prediction-for-november-20" rel="noopener noreferrer nofollow">Read original article on U.Today</a>

Cardano (ADA) Price Prediction for November 20

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