Elliott Wave Analysis: Cardano to Surge Past $14?

A recent chart analysis from crypto data platform TapTools has ignited speculation about Cardano’s (ADA) price trajectory, predicting a potential parabolic rally towards the $14.00 mark. The projection is based on an Elliott Wave count overlaid on Cardano’s historical price action, indicating the start of a powerful fifth wave — the final leg in a classic bullish impulse structure. This current setup mirrors ADA’s 2020–2021 bull run, during which the coin soared from under $0.10 to over $3.00.