Cardano (ADA) price increased from $0.52 on November 13, showing that investors are actively buying on slight dips.
ADA/USDT Daily Chart | Source: TradingView
Buyers pushed the price above the $0.66 resistance on November 15 but are struggling to sustain higher levels. This shows that bears have not given up and are selling on rallies. If the price fails to close above $0.66, the price could drop to $0.60.
Conversely, if the price closes above $0.66, it will signal the continuation of the uptrend. The ADA/USDT pair could rise to $0.77, where bears are expected to exert strong pressure.
