Cardano is on vacation and has gotten comfortable in a spa. There, it has eased into the nice warm mud bath between $0.93552 and $0.27674, closing its eyes and sighing contentedly. We expect Cardano to sink even deeper into the green sludge, ideally until $0.52409, to finish wave 2 in green, wave C in yellow, wave C in turquoise and wave v in magenta. It could also extend its relaxing bath until $0.27674, though, if it is not afraid of getting prune fingers and toes. Afterwards, Cardano should be refreshed and bursting with energy, readying itself for a new ascent.
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📊 Free daily market insights combining macro + Elliott Wave analysis
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter - full free analyses at dailymarketupdate.com
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter - full free analyses at dailymarketupdate.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.