ADA Market Update. ADA Market Update
Cardano is starting to show early signs of recovery, even though the price has remained relatively stable compared to last week. The $0.24 support zone has held firmly, indicating that buyers are defending this level.
Price is currently testing the $0.28 resistance, and repeated attempts to break this level suggest growing buying pressure. Momentum indicators like MACD on the weekly timeframe are also shifting bullish, which strengthens the positive outlook.
If ADA manages t
Adacrypto
Cardano(ADAUSD) IN IRREGULAR CORRECTION SHORT TO $0.8Macro-level
Looks like we are still in Wave 3 of the 5 wave series for Cardano(ADAUSD)
The Wave 1 was completed in 2018 at $1.3
Wave 2 ran for a very long period till end of 2021
We are now in wave 3 for the bigger wave cycle
Wave 3 is an impulse wave with 5 sub-waves (1-2-3-4-5)
In the bigger Wave 3 we are in sub-wave (2)
Looks like Sub-wave 2 is making an irregular correction (A-B-C)
Micro level
In a complex A-B-C irregular correction the waves are subdivided into 3-3-5
W(A) is a 3
ADA CARDANO reversal , Bearish?ADA CARDANO has been bullish for last 11 days and touched the top 2.19 .
as its overbought we can expect correction for 3 stages :
1- A weak support on1.698
2- strong support on 1.466
3- Super strong support on 1.321
lets see the market movements let ADA back to stage 1 , 2 or 3 ?!










