$ADA

The bulls are trying to keep Cardano above the overhead resistance of $1.15, signaling the resumption of the uptrend.

The bulls will try to push the price towards $1.25, which is likely to act as a stiff hurdle. If the price turns down from $1.25 but rises from $1.15, it will signal that the bulls have flipped the level to support. This improves the prospects of a break above $1.25. The ADA/USDT pair may then rally to $1.64.

Conversely, if the price fails to sustain above $1.15, it will indicate that the bears are selling on rallies. The price may drop to $1 and then to the 20-day EMA ($0.91).