Cardano Wave Analysis – 9 July 2026

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Cardano Wave Analysis – 9 July 2026Cardano vs US DollarFXPRO:ADAUSDFxPro- Cardano reversed from resistance zone - Likely to fall to support level 0.139 Cardano cryptocurrency recently reversed from the resistance zone between the key resistance level 0.186 (which stopped earlier wave a), upper daily Bollinger B and 50% Fibonacci correction of the downward impulse from May. The downward reversal from this resistance zone stopped the previous short-term ABC correction 2 from the start of June. Given the overriding daily downtrend, Cardano cryptocurrency can be expected to fall further to the next support level 0.139 (which stopped earlier waves (3) and 1).