Chart for $ADA A Cardano is generating the famous Elliott wave, located in the low n°2, which consists of three ups and two downs. In its ascent, wave 1 was the first up we saw a few days ago, wave 2 the down we have perceived until today, wave 3 remains up, wave 4 is a retracement, and its subsequent rise until its maximum. Later, it will go into a descent and lateralize. Wave 3, while not its maximum, is the longest upward wave, so you can consider an upward price between 1.3 and 2.5-3.5, then a slightly higher descent to around 1.3, and then an ascent over the previous peak of 2.5-3.5, which means above 2.5, 3.5 or more.

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