$ADA Price Prediction For November 28 - CoinPedia Analytics

Cardano (ADA) has surged over 7% in the last 24 hours, trading above the $1 mark. The altcoin’s price action suggests it could be entering a critical phase.

Wave 4 Development and Support Zones
ADA appears to be in a potential Wave 4 correction, with key support between $0.85 and $0.60. The $0.702 level remains pivotal. While this wave may push higher, a deeper-than-expected pullback hints at a prolonged correction phase.

Bullish Potential Despite Pullback
The pullback since November 23 formed three waves instead of five, leaving room for a potential bullish continuation. This setup doesn’t confirm a breakout but keeps upward possibilities in play.

Fibonacci Levels and Resistance Zones
ADA has tested key Fibonacci support between $0.88 and $0.778 and met the 100% Fibonacci extension. Resistance lies between $1.12–$1.14 and further up at $1.87. Breaking these levels could signal a bullish trend, while rejection may suggest a corrective rally.