Cardano

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The crypto market remains green today, according to <a href="https://u.today/bitcoin-btc-price-prediction-for-december-10">CoinStats</a>.
<img src="https://u.today/sites/default/files/inline-images/top10_1524.png" data-entity-uuid="c63cc3b4-1694-484b-9cb1-797b625eb4cd" data-entity-type="file" data-caption="ADA chart by&amp;nbsp;<a href=&quot;https://coinstats.app/coins/&quot;>CoinStats</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 8%.
<img src="https://u.today/sites/default/files/inline-images/ada1_137.png" data-entity-uuid="cf92e86a-8e87-4417-8716-503a33489918" 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 might have set a local resistance level of $1.0961. As part of the daily ATR has been passed, there are low chances to expect any sharp moves by tomorrow.
<img src="https://u.today/sites/default/files/inline-images/ada2_134.png" data-entity-uuid="083fcb44-4bee-4b44-a4fd-f6640a34f4a5" data-entity-type="file" data-caption="Image by&amp;nbsp;<a href=&quot;https://www.tradingview.com/symbols/ADAUSDT&quot;>TradingView</a>">
On the bigger time frame, the rate of ADA keeps accumulating energy for a further move. As none of the sides has seized the initiative, ongoing sideways trading in the range of $1.00-$1.10 is the more likely scenario until the end of the week.
<img src="https://u.today/sites/default/files/inline-images/ada3_121.png" data-entity-uuid="7b082b0e-df02-4c12-8c31-2e6a4ec189c0" data-entity-type="file" data-caption="Image by&amp;nbsp;<a href=&quot;https://www.tradingview.com/symbols/ADAUSDT&quot;>TradingView</a>">
On the weekly chart, the price is far from the main levels. In this regard, one should pay attention to the nearest vital zone of $1.00.
If the candle closes above it, one may witness consolidation in the range of $1.00-$1.30 until the end of the month.
ADA is trading at $1.0749 at press time. <a href="https://u.today/cardano-ada-price-prediction-for-november-11">Read original article on U.Today</a>

Cardano (ADA) Price Prediction for November 11

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