Following Wave E’s completion, analysts expect the ongoing double correction to wrap up. This resolution could pave the way for Cardano to stage a bullish move. Following Wave E, market analysts anticipate the ongoing double correction to wrap up, potentially signaling the next leg higher for Cardano. The completion could pave the way for a bullish move as traders seek renewed upside momentum.
Investors will be watching key support levels for validation. With Wave E resolution in sight, traders expect reduced downside risk and a clearer trajectory for ADA. If the pattern confirms, Cardano could attract renewed buying interest and improve its price action against major crypto peers.
Analysts caution that overall market conditions and broader sentiment will influence the outcome, but the current setup aligns with a potential bullish phase. The next move may hinge on how quickly Wave E completes and how the market reacts to the expected reversal.
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