Cardano (ADA) Short Term Analysis

The near-term view is suggesting that the bigger correction against the all-time low unfolded as a zigzag structure where wave a ended at $0.220 low, wave b bounce ended at $1.327 high. While wave c ended remain in progress against all-time lows within wave (II) pullback. Down from wave b high, wave ((1)) ended at $0.512 low, wave ((2)) bounce ended at $1.175 high and wave ((3)) is underway. Near-term, as far as bounces fail below $1.020 high expect pair to extend lower.

Cardano ADAUSD Daily Elliott Wave Chart 4.14.2026