Cardano (ADA) - Thank You! (2026 / 2027 Price Prediction)

Added: 2026-05-04

[00:00:03]Welcome to another Cardano update. Like always, make sure to check out our YouTube memberships and our Patreon if you want access to all of our charts and if you want access to our daily Discord updates. So in this video I want to talk about a different topic. Many people in the comment section yesterday asked me if it's possible for ADA to still get like $3 to $5 or even $8. And just to give you a short answer, I think it is possible, but I just don't think it's going to happen right now. There are also many people who believe that, you know, ADA has already bottomed and they believe that right now we're going to get to new all-time highs. But in my opinion, the market situation is not really allowing us to do that and I think the best thing to do right now would be to get another low in the third wave of the downside to overextend between 19.6 cents and even 13.1 cents and then we can finally get a move to the upside, which is going to be a fourth wave move up and then we can get a fifth wave. So I know, you know, some of these people do not even watch the videos, they only comment and then they leave, but yeah, please understand that even though I'm expecting ADA to get to like 13 cents and even though I'm expecting it to maybe even drop below that, you know, level, at some point I do believe that it's going to do very well in the next couple of cycles just because, I mean, you know, this cycle was only a B wave to the upside and after we complete the C wave to the downside in the bear market, we're going to finally have time to complete a much bigger third wave.

[00:01:23]Which is going to be a third wave of this very big one-two setup. So yeah, we got exactly to the 0.618 resistance level right here of the entire move to the downside. That is not a coincidence, but yeah, I think if we want to complete this move to the downside first, we need to get to the oversold territory on the monthly RSI on the ADA chart and even on the Bitcoin chart. Speaking of Bitcoin, it's currently getting rejected by the bear market support band and it's even below the moving average on the daily RSI. This is the exact same pattern that we had up here and after we, you know, had this pattern, we got rejected and in the next couple of days we, you know, trended sideways or even down. But during that time we tried testing the moving average on the RSI, we got rejected and that's what gave us the drop. So if my theory ends up being correct and if we actually drop and close another wick below the moving average on the daily RSI and we get rejected, Bitcoin is most likely going to drop to about $40,000 in the next couple of weeks or even months. And let's say we do end up dropping to like $40,000, do you really see Cardano only staying at like 24 cents during that time? In my opinion, that's probably not going to happen.

[00:02:28]I cannot really see any realistic scenario where Bitcoin drops maybe between 30 and 50% and ADA just goes sideways. That has never happened in the past and I don't think it's going to happen right now. So we're going to overextend and then later on in the year, we're most likely going to get a move to the upside even on the bear market, even on the Bitcoin chart, I'm sorry, and here we're probably going to get to the bear market support band again after the drop and that's what's going to give us a rejection for the third time and that's what's going to give us another low and that's going to be the fifth wave on the altcoin charts and then we can finally focus on getting a big move to the upside. So yes, I am, you know, short-term bearish, but in the long term I think that Bitcoin could easily break above $1 million.

[00:03:08]What many people do not seem to understand is that when I'm saying the words, you know, long term, they do not mean that, you know, long term is like in maybe one or two years. It could even mean that maybe it's going to be one or two decades, but I think Bitcoin is going to continue going to new all-time highs in the next couple of years, just not right now. We need to complete the bear market and we need to get rejected right here on the weekly RSI by that trend line. That's where we found support many times during the previous bull market, about four times, and we already got rejected right there and right now we are at a lower price, but the RSI got to the exact same levels again, which is bearish divergence. So I think we're going to get rejected and then we're going to drop on the ADA chart. Even in the best case scenario, let's say we do end up getting a fourth wave to the upside in this exact moment and we start a much bigger C wave of this AB setup on the Cardano chart, that's only going to put us maybe at 39.6 cents or even in the best case scenario with about 47 cents and then we're going to get rejected and guess what's going to happen after that? We're going to need a much bigger fifth wave to the downside. So no matter if we are maybe at this point of the cycle right now or if we're at that point right there, we're still going to get another low in the short term either way. So yeah, if we get to like 39.6 cents and then we just start going down, is everybody going to care about this fourth wave to the upside when we do end up getting to like 13 cents? Probably not.

[00:04:26]And for the people saying that I'm only talking about Bitcoin, even on the Ethereum chart we have the exact same pattern. We broke below the moving average on the daily RSI and we also got rejected by the bear market support band. I believe on the four-hour chart I even had a target for the much bigger C wave of this AB setup right here and we got exactly to the 1.618 for the C wave, so it could be completed and yeah, the next move to the downside is probably going to be extremely impulsive. Please understand we are almost oversold on the four-hour chart, well, not almost, but the RSI dropped a lot and the price barely dropped anything and, you know, I mean, this would usually be bullish, but that's exactly what happened back in this area as well. So when we started going down right there, we got to the oversold territory extremely fast. I mean, we went down from like $2,400 or $2,300 to about $2,800 and the RSI was extremely oversold, but that did not matter and even though we got some bullish divergence on the RSI, that still gave us the drop because at the end of the day, the price got rejected by the bear market support band and because, again, we were in a bear market just like we are right now. So my next target for Ethereum is at $1,200 or maybe even at maybe $900 to get to the C wave target if this was actually an AB for the bear market and then after that maybe we can form some kind of double bottom on the Ethereum chart and we can get to the exact same lows that we got to back here and if we stay above these lows, that's going to be counted as a much bigger AB and that's going to be a much bigger AB of a much bigger third wave. Let me quickly go to the Ethereum chart. So yeah, this is going to be an AB for the third wave and in the next cycle we can focus on the C wave.

[00:06:03]As you know, the C wave of the third wave is, you know, also a third wave of a third wave. So if we want the third wave of the third wave to be extremely impulsive in the next cycle, we kind of have to break below this support zone on the RSI on the monthly and we have to get oversold for the first time ever and then only after that I can finally confirm that maybe the low is in and we can focus on the much bigger C wave. The target for that is at $14,000 and it could, in my opinion, be extremely realistic. I mean, except for this cycle right here, in every single cycle so far Ethereum did very well. And why did it do very well? Because in every single cycle so far we were in QE and not in QT like we were in this cycle and in because in the previous couple of cycles we were getting rate cuts the entire cycle and in this cycle I believe we only started getting them, let's say, somewhere in this area over here. So definitely keep that in mind. If I'm expecting the prices to drop a lot, it's actually for a good reason. I'm not expecting the market to go to zero, obviously, but yeah, the market needs to go down because that's how the four-year cycle works. I talked about that many times. I believe we are still in a four-year cycle and for those who want to believe that maybe that's not the case, all you have to know is that in every single bull market so far, from the bear market low to the all-time high, it took the exact amount of days for Bitcoin to top.

[00:07:20]Here it was 1,491 days. This was 1,431 days and this was 1,430 days. So it's the exact same numbers and the four-year cycle is still happening at this moment, but yeah, that's pretty much all I have for this. Now let's move on to the Nite chart real quick. We got to my target for the fifth wave of the fifth wave, meaning that maybe we're going to start a much bigger move to the upside. So I think I can actually get rid of some of the things on the chart. Here, I mean, as you can see, we got rejected exactly at the 50% resistance level for the fourth wave. So let's say we formed a much bigger A wave to the downside right now and let's say we get a move to the upside. I could give you a target for, you know, the B wave, but please understand that, you know, if we end up dropping quite a lot on the Bitcoin chart and if ADA also drops quite a lot, maybe to like even 13 cents, Nite is not going to be able to get to this B wave target and it's going to overextend the much bigger A wave, maybe to even like 2.2 cents or even lower than that.

[00:08:18]But just to give you an idea of where we could get to, we could get between 5.1 cents and even 6 cents or even maybe 7.1 cents in the best case scenario. This is supposed to be an ABC setup. So in case we get some kind of maybe big move to the upside and then we get some kind of big move to the downside, that could be counted as an AB and then later on the target is going to be, you know, in this zone, like I said, between 5.1 cents and 7.1 cents. That's going to be a B wave to the upside and then later on we can focus on getting the C wave.

[00:08:47]So it doesn't really matter what we do.

[00:08:49]I think this is probably going to drop to even 1 cent in the bear market. I cannot really see a scenario where Nite just goes sideways for the entirety of the bear market. I mean, the bear market only started and right now we're already down from like 11 cents to about, let's say, 3 cents. So yeah, I apologize if I'm being too bearish, but there is nothing to be bullish about right now.

[00:09:09]And I appreciate everyone for watching these videos even though sometimes they are extremely boring and even though sometimes I'm just, you know, repeating myself. If you are still a believer of the, you know, crypto market and if you're a believer of Cardano, then you would understand that even though it's not doing too great on the price chart, it has been in the top 15 cryptos for the last couple of years, maybe like six or seven years. In my opinion, that shows that it's here to stay and even if it does end up dropping quite a lot, in the long term it's going to do fine because let's say we do end up getting to like $14,000 in the next cycle on the Ethereum chart, ADA is more than likely going to break the previous all-time highs as well of 2021. And also remember that here back in 2017, we dropped from like $1.30, which is where we got to right now, to about 2 cents and then the price still was able to get to new all-time highs again. So, it's only a matter of perspective. If you would just want to zoom in on the chart and you want to say that the, you know, price is not going to recover, then you could say that. But, if you want to zoom out and maybe look at the much bigger picture, then you could say that even if we do end up dropping to like 13 cents or even 5 cents, the price still has a chance to recover just because it is a crypto we are talking about and just because ADA did it in the past. That's pretty much it. I hope you enjoyed. If you did, make sure to check out our YouTube memberships and our Patreon. If you want access to all of our charts and if you want access to our daily Discord updates, like, subscribe, and I'll see you in the next one.