ADA CHART ANALYSIS

Last week, in my first update on Cardano (ADA), I was looking for the cryptocurrency to top out soon and fall back “to ideally $1-1.2 before the next rally to ideally $3.25-3.75. From there, I then expect an even more significant correction”. Thus, the Elliott Wave Principle (EWP) combined with Technical Analyses (TA) was indeed a reliable and accurate method to forecast the recent highs and lows.