$ADA

It surged and closed above the $0.40 resistance on November 7, indicating that the consolidation has resolved in favor of the buyers.

There is a minor resistance at $0.45, but if the bulls fail to allow the price to fall below $0.40, the possibility of a break above the overhead resistance increases. The ADA/USDT pair may then rally to $0.49.

The first sign of weakness will be a break and close below $0.40. This will indicate aggressive selling at $0.45. The pair may decline towards the moving averages, suggesting a large range formation between $0.31 and $0.45.