The bulls are striving to keep Cardano above the resistance level of $1.15, signaling the continuation of the uptrend.
Daily ADA/USDT chart | Source: TradingView
The bulls will attempt to push the price up to $1.25, a level predicted to be a strong barrier. If the price decreases from $1.25 but maintains above $1.15, this will indicate that the bulls have turned this level into support. The outlook for breaking above $1.25 will improve, and the ADA/USDT pair could rise to $1.64.
Conversely, if the price fails to maintain above $1.15, this indicates that the bears are selling as the price rises. The price could drop to $1, followed by the 20-day EMA ($0.91).