📈 Analysis and Prediction (ADA and SHIB):

👍 ADA/USDT- The weekly #ada schedule shows that the price has been actively rising since October. The token is poised to form its ninth consecutive bullish weekly candle. On December 13, #cardano reached a yearly high of $0.68, marking the highest value since May 2022. During the ascent, the price also broke through a long-term horizontal resistance area, which had been in place for 430 days. Forecast: According to the results of Elliott wave analysis, the most likely scenario suggests that ADA has reached the peak of the third wave within a five-wave bullish structure. The third wave is extended, and the sub-wave analysis is depicted on the chart in white. A local peak may be imminent, as the length of the third wave is 2.61 times longer than the first. The completed sub-wave formation also confirms this possibility. Thus, if this calculation is correct, ADA will complete the corrective fourth wave at the Fibonacci 0.382 correction level around $0.50, 20% below the current price.

📊 SHIB/USDT - The six-hour timeframe provides a bullish forecast based on wave calculation. It assumes that the #shib price is in the third wave of a five-wave upward movement. Sub-wave counting is shown in black — according to it, the token is in a bullish wave formation 1-2/1-2. Additionally, Shiba Inu is attempting to break out of a parallel channel. A successful breakthrough will confirm the bullish trend. The first potential target for the peak of the movement is 25% above the current price of $0.0000125. The target is determined by giving waves 1 and 3 a ratio of 1:1.61. However, due to the length of the sub-waves, the third wave is likely to be 2.61 times longer than the first and reach $0.0000156. Despite the positive forecast, SHIB's inability to break above the channel's upper boundary could lead to a 17% decline to the nearest support at $0.0000084.

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