Cardano Price Analysis: Last Chance For A Rally?

Cardano remains incredibly weak compared to Bitcoin, Ethereum, and most other altcoins. The price is testing 2023 low areas and in my opinion this is one of ADA's last opportunities to get a meaningful rally. If the current support cluster breaks, the next major support sits below 10 cents. In this video I walk through the weekly structure, explain why the bulls need to act now, and show you the triangle pattern on the short term chart that could resolve in either direction. 00:00 ADA Remains Incredibly Weak 00:30 Weekly Chart: Testing 2023 Low Areas 01:00 Structural Support At 23.9 And 21.2 Cents 01:30 Why This Is One Of ADA's Last Opportunities 02:00 Comparison With Near Protocol 02:30 The Risk Below Support: 16.3 Then 9.2 Cents 03:00 First Resistance Zone 41.8 To 62.2 Cents 03:30 White Count To 1.30 Dollars: Remote Possibility 03:54 Bitcoin Dominance And Why ADA Struggles 04:30 Short Term: Range Support At 22.7 To 23.3 Cents 05:00 Repeated Tests Without Impulsive Move Away 05:30 The Triangle Pattern A B C D E 06:00 Bearish Scenario: Break Below Support To 10 Cents 06:30 How The Bulls Can Avoid This 07:00 First Resistance And The 27.6 Cent Key Level 07:35 Why 27.6 Cents Invalidates The Bearish Setup 08:00 Any Bullish Count Is Forced At This Stage 08:15 Summary And Outlook ----------------------------------------------------------------------------------------- 🧿 MCO Global: 💻 https://www.mcoglobal.com/ ✉️ Join the FREE Newsletter: 👉 https://mcoglobal.com/newsletter/ 🧿 Join the More Crypto Online Community: 👉 https://www.mcoglobal.com/memberships OR 👉 https://www.youtube.com/channel/UCngIhBkikUe6e7tZTjpKK7Q/join OR 👉 https://www.patreon.com/morecryptoonline 🧿 Join the MCO Stocks & S&P500 Community: 👉 https://www.patreon.com/moretradingonline ----------------------------------------------------------------------------------------- 🧿 Social Media: 👉 X / Twitter: https://x.com/Morecryptoonl 👉 Instagram: https://www.instagram.com/morecryptoonline_official/ 🔗 All Links: https://linktr.ee/morecryptoonline ✉️ Contact: [email protected] ----------------------------------------------------------------------------------------- 🧿 Exchanges & Brokers (Affiliate Links): 👉 Trade on Bybit: https://partner.bybit.com/b/MCO 👉 Trade on Bitget: https://partner.bitget.com/bg/MoreCryptoOnline 👉 Trade with XTB – a global, regulated broker offering 7,100+ stocks and 1,400 ETFs 🔗 https://geolink.xtb.com/XjNyk (Please note: XTB services are not available to U.S. clients.) ----------------------------------------------------------------------------------------- 🧿 Research & Tools (Affiliate Links): 👉 Tradingview - Chart software Get a $15 discount on your first subscription: https://www.tradingview.com/?aff_id=108760 👉 Bitcoin Magazine Pro – On-chain data & research Get 20% off with code: 20MCO https://www.bitcoinmagazinepro.com 👉 CoinTracking – Portfolio & tax tracking Get 10% lifetime discount with this link: https://cointracking.info/?ref=B776587 👉 Protect your cryptocurrencies with Trezor: https://bit.ly/morecryptoonline 👉 Protect your cryptocurrencies with Ledger: https://shop.ledger.com/?r=0fb3c8be2e46 👉 Stay safe with NordVPN: https://go.nordvpn.net/SH4s0 ----------------------------------------------------------------------------------------- ⚠️ Disclaimer The content provided on this channel is for informational and educational purposes only. It does not constitute financial advice, an offer or solicitation to buy or sell any financial instruments, or a financial service under applicable laws. All analyses and opinions expressed are strictly personal views. You are solely responsible for your own investment decisions and act at your own risk. Always consider your individual risk profile and, if necessary, consult with an independent financial advisor. Some of the links provided in this description may be affiliate links. If you choose to use them, MCO Global may receive a commission – at no additional cost to you. Thank you for supporting the channel. ⚠️ Important: Affiliate links related to cryptocurrency exchanges are not available to residents of the United Kingdom, the United States, or any other restricted jurisdictions. Please check the laws and regulations that apply in your country before using such services. Other affiliate links (e.g. VPN, hardware wallets, software tools) are unaffected.