In this video I break down the bearish Elliott Wave structure currently unfolding for Cardano and why the price could still reach the 10 cent level. I analyze the higher time frame patterns from 2021 to the present, evaluating the recent corrective rallies and the likelihood of a final C-wave decline in this bear market.
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Cardano Price News & Insights Today 20-7-2026 - Technical analysis, focusing on market structure, key support and resistance zones. Video by More Crypto Online.
Cardano (ADA) is trading at $0.1649, showing brief consolidation with a 24-hour trading range of $0.1644 to $0.1679. This follows a major network upgrade over the weekend.
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Cardano Insights Today
-Fork Activation: Went live on July 18, 2026, at 21:44 UTC (Protocol Version 11).
-On-Chain Governance: Passed with 77.63% delegate support, demonstrating strong active decentralized participation.
-Technical Impact: Introduces new Plutus functions to lower decentralized app (dApp) smart contract execution costs.
-Future Pathway: Lays structural groundwork for the up-and-coming Ouroboros Leios scalability update to cross 1,000 TPS.
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