Cardano (ADA) is approaching a critical support level around $0.51, which could decide the next major direction.

AI-generated source summary

The analysis is on ADA/USD using Elliott Wave theory on the 4-hour chart. The analyst identifies a 'B wave bottom' formed in early August, followed by a three-wave move up labeled as wave one. A pullback is labeled as wave two. The price reacted to the 61.8% retracement level (0.796 cents) after an initial impulse wave up. As long as the price holds above critical support levels, specifically the 78.6% or 88.7% retracement levels, it is considered a corrective pullback within an uptrend. According to the analyst, the idea is to look for a low to form in these price regions. The price reacted to the golden ratio level. The anticipated A-wave of the third wave has concluded, with the commencement of a pullback. This may imply a decline within the 0.816 to 0.884 cents range. A break below 0.816 dollars challenges the wave two bottom hypothesis, potentially leading to a scenario where wave two is still unfolding. To maintain a bullish outlook, it is better to stay above 0.816. The inferred target is approximately 1.14 as labeled by the top of the iii wave.

AI-generated summary based on the source content.

Evidence and evaluation progress

1. Original source published

   14 Sept 2025, 18:14 UTC

   The analyst published the original source item.

2. First prediction resolved

   22 Sept 2025, 06:00 UTC

   The first evaluable outcome in this case reached a terminal result.

3. Case evaluation completed

   22 Sept 2025, 06:00 UTC

   All evaluable predictions in this case reached terminal outcomes.

4. Source recorded by Tahlil Plus

   18 May 2026, 20:23 UTC

   The public source was preserved as the evidence record for this case.

5. Market predictions extracted

   18 May 2026, 20:47 UTC

   1 eligible signal linked to this case.

6. Outcome tracking started

   02 Jul 2026, 01:22 UTC

   Tahlil Plus began monitoring the extracted predictions.