May 3, 2026

Cardano: Back on Track

Cardano: Back on Track

Cardano: Back on Track

Cardano: Back on Track

Cardano / US Dollar BITTREX:ADAUSD
DailyMarketUpdate


Cardano: Back on Track

After trailing along the mark at $0.92258 for so long, Cardano has finally found back to our primary scenario. It has gone below $0.92258 and into the green zone between $0.93552 and $0.27674, where it should finish waves v in magenta, C in turquoise, (C) in yellow and 2 in green. Then, Cardano should turn around and move upwards. However, there remains a 20% chance that the altcoin could start to rise earlier already, crossing the resistance at $1.63781 and heading for the next one at $2.4574.

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