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Cardano: Elliot Wave Predicts 50% Crash For ADA Price, Is It Time To Get Out

2025-07-04 04:16:38

Cardano: Elliot Wave Predicts 50% Crash For ADA Price, Is It Time To Get Out

Description

Cardano (ADA) has maintained a relatively steady upward trend over the past few weeks. Although the cryptocurrency was rejected at the $0.84 price level again last week, the current price action is still holding strong with only a minor drop in the past 24 hours. However, technical analysis deeply rooted in Elliott Wave theory now suggest a steep price decline could be looming for ADA, with a price target pointing as low as $0.42 in the weeks ahead. Bearish Elliott Wave Count Says Wave C Breakdo...

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