Cardano (ADA) faces price instability after the SEC’s decision to delay its ETF ruling. Currently, the price fluctuates between key moving averages, with Gambardello stressing the need to stay above 0.73 USD to 0.74 USD.
If ADA maintains its price above the 200-week moving average, it could see growth to 1.25 USD. Conversely, failure to stabilize may push its price down to 0.50 USD, representing a 31% decrease.
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