This video presents a technical analysis of Cardano (ADA) price movements, explaining that despite recent price increases, bearish divergence on the RSI indicator suggests the market may continue to decline. The analysis projects that ADA could drop to 10-13 cents before potentially starting a fourth wave upward movement, with targets between 29.66-37 cents. The presenter emphasizes that for ADA to bottom at the same time as Bitcoin, it must follow Bitcoin's price action, and that a complete five-wave move down is necessary before a new bull market can begin. The analysis also covers broader market conditions, including Bitcoin's expected further decline to $48,000-$42,000, and Ethereum's potential drop to $900 before a potential recovery to $14,000.
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Cardano (ADA) - Bad (2026 / 2027 Price Prediction)
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