Cardano Elliott Wave cycles approaching resistance
Cryptocurrencies are still at the strong resistance zone, but we are not sure if intraday resistance is already in place, so at this stage we are tracking two interpretations on some major coins. As per Elliott Wave analysis, Cardano – ADAUSD...

Cryptocurrencies are still at the strong resistance zone, but we are not sure if intraday resistance is already in place, so at this stage we are tracking two interpretations on some major coins.
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As per Elliott Wave analysis, Cardano – ADAUSD is in final stages of wave (5), now finally touching 3.0 level with room even up to 3.5. However, keep in mind that we are in the target zone, so a reversal down into a higher degree correction may occur anytime soon.
ADA/USD 4h Elliott Wave analysis chart
Check more of our analysis for currencies and cryptos in members-only area.
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Proposals Catalyst F14 - Cast your vote, search "Otavio" in the Voting App.
If you are you using your ADA to vote in Cardano’s Project Catalyst don’t forget to voice your vote. We would be excited if you can see, comment, share and vote for us. Tip: To find them its easiest to search for "Otavio"Vote for Us