When will the Cardano ADA price be above $1 ?

16 gen

If we apply Elliott wave analysis to the ADAUSDT price movement, we will see very harmonious proportions.

It can be assumed that the ADAUSD price is currently at the stage of a correctional wave - 4 - and in order to continue its dynamic growth, it is not advisable for the ADA price to fall below $0.40-0.46. (despite the fact that it has already reached $0.465)

If this condition is met, then in the near future (Q1 2024), as part of the -5- impulse wave, the price of Cardano ADA will have every chance of crossing the $1-1.10 mark, or even higher.

As always, we are waiting for your thoughts in the comments below the idea.

30 gen

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