Prediction

Cardano ADA Price News Today – Elliott Wave Technical Analysis and Price Now! Price Prediction!

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Cardano ADA Price News Today – Elliott Wave Technical Analysis and Price Now! Price Prediction!
In this video I talk about the current price of Cardano ADA and provide a price forecast. I carry out a technical analysis of this cryptocurrency and give a price update.

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24 Comments

  1. But wave 3 retracement into wave 4 should reach minimum of 0.236fib and it didnโ€™t, why do you say trend down is over. Arenโ€™t we now in wave 4 which starched to 0.5fib and reach this target which is normal and we go 5wave down?๐Ÿค”๐Ÿ˜Š

  2. So now we are going to see lower lows all round in the Crypto space :)…. looking back at the last 4-5 weeks of TA, where tbh talks of possibly going lower were mentioned (to your credit!), but if i'm not mistaken, your primary scenario were higher highs (not all time highs for sure) , nonetheless, we have seen constant readjustment to the down side making me think, see very little value in TA overall, I mean it's obvious we are going down ๐Ÿ™‚ just look at the chart. Could have been simply summarized as : we are in a bear market, trend is down, overall sentiment is very bearish, current inflation is a deterrent to growth expect lower prices until the fed ease the squeeze.. you might have the short pump here and there but down we go! hold on to your cash for now.
    Thank you for your effort thought, not a reflection on you as an individual at all, providing an update on Sunday morning is very kind. I am sure other people find it valuable and that's good.

  3. On a positive note: the weekly stoch RSI has come down more on ADA than most other coins. Still very high though, with limited upside and not good for making new ATHs

  4. Good insights. In the bigger picture ADA very much looks to be corrective and in this 40-60 cent range (wave 4) since May and has one more drop (wave 5) to come. If it was as bullish as ETH weโ€™d currently be struggling around the $1.50 level and not 45 cent.

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