Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion ADA was in a price rally and could retest the previous support-turned-resistance at $0.2531. A drop below $0.2397 would invalidate the bullish forecast. Cardano [ADA] traded within a range in late November 2022 before a
![Cardano [ADA]: Risk-averse traders can lock gains at this level](https://images.cryptocompare.com/news/default/ambcrypto.png "Cardano [ADA]: Risk-averse traders can lock gains at this level")
