When will the Cardano ADA price be above $1 ?

If we apply Elliott wave analysis to the ADAUSDT price movement, we will see very harmonious proportions.

It can be assumed that the ADAUSD price is currently at the stage of a correctional wave - 4 - and in order to continue its dynamic growth, it is not advisable for the ADA price to fall below $0.40-0.46. (despite the fact that it has already reached $0.465)

If this condition is met, then in the near future (Q1 2024), as part of the -5- impulse wave, the price of Cardano ADA will have every chance of crossing the $1-1.10 mark, or even higher.

As always, we are waiting for your thoughts in the comments below the idea.

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