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CARDANO PRICE ANALYSIS & PREDICTION (November 11) – ADA Rallies To A 7-Month High Amid Latest Surge, Turns Bullish

  • ADA saw a major recovery this week, touching a seven-month high amidst the latest market surge.
  • The surge in price was driven by the news of Cardano founder Charles Hoskinson being appointed as the crypto advisor for the new US administration.
  • ADA is strongly bullish on the daily chart but may face a potential pullback in the near future.
  • Key resistance levels to watch are $0.624, $0.684, and $0.8, while support levels are $0.522, $0.49, and $0.457.

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