ADA is on fire!
2024-11-23

Hello Traders,  

The cryptocurrency market has been buzzing lately, and Cardano (ADA) is no exception! 
Over the past couple of weeks, the ADA price has skyrocketed by more than 200%, reaching a strong resistance zone at $1.15–$1.25 level. 
This is an incredible performance, especially with altseason just around the corner.  

What to expect from ADA in the near future? Let’s break it down!  

ADA has hit a significant resistance zone, so we’re likely to see some consolidation — or even a correction — soon. The big question is: how long will this phase last, and how deep could the correction go?  

Considering the momentum in the market, I don’t anticipate a prolonged consolidation. With altseason on the horizon, the uptrend could continue after a brief pause. If ADA breaks through the current resistance, the next target to watch for is the $2 price level.  

On the downside, any correction is unlikely to push ADA below $0.80 — a promising sign for those holding or trading ADA.  

Please, do not forget to boost this idea and leave your comments below, thanks.