Cardano Rebounds Near $0.1824 With Resistance Up to $0.2302

Cardano (ADA) traded at $0.1874 on Nov. 3 after rebounding near $0.1824, with resistance between $0.1953 and $0.2039. ADA rebounded near the 61.8% Fibonacci retracement of the preceding decline, with support at $0.1824. A bounce at a retracement level alone does not establish that ADA has found a low. Resistance lies between $0.1953 and $0.2039, the 38.2% and 61.8% retracement levels of ADA's latest decline. The next marked level is $0.209, with a broader resistance zone near $0.2302 beyond it. ADA was down 1.48% over the prior 24 hours on Nov.