Cardano Wave Analysis – 12 August 2026Cardano vs US DollarFXPRO:ADAUSDFxPro– Cardano reversed from resistance level 0.195 – Likely to fall to support level 0.155 Cardano cryptocurrency recently reversed down from the resistance zone between the resistance level 0.195 (top of the previous correction a), upper daily Bollinger Band and 50% Fibonacci correction of the downward impulse from May. The downward reversal from this resistance zone started the active minor impulse wave 5 – of the impulse wave (3) from February. Given the overriding daily downtrend, Cardano cryptocurrency can be expected to fall to the next support level 0.155 – which stopped earlier waves a and b.