$ADA Price Prediction For November 29 - CoinPedia

Cardano (ADA) is currently trading above $1, showing a 6% increase as it moves into a bullish territory. The broader market sentiment is also positive, with Bitcoin surpassing $96k. ADA is now eyeing resistance levels around $1.13 to $1.23, where it has previously faced rejections. Until it breaks this range, it remains a strong barrier for further gains.

If ADA breaks above $1.23, the next major resistance lies at $1.76, offering a significant upside potential. On the downside, ADA has support at $0.83–$0.84, with additional levels around $0.98, $0.94, and $0.88–$0.90.

An inverse head and shoulders pattern may be forming, potentially signaling a breakout above $1.13. If confirmed, this could push ADA to a short-term price target of $1.20, representing a 16% gain. However, traders should be cautious, as the $1.23 resistance zone remains critical for sustained upward momentum.