Cardano price started a fresh decline below the $0.5750 zone. ADA is now consolidating and might struggle to stay above the $0.550 support. ADA price started a fresh decline below $0.580 and $0.5750. The price is trading below $0.570 and the 100-hourly simple moving average. There is a key bearish trend line forming with resistance at $0.570 on the hourly chart of the ADA/USD pair (data source from Kraken). The pair could start a fresh decline if it dips below the $0.550 support zone. Cardano Price Dips Again In the…
Tag: Cardano
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Cardano Headed For $0.32 If This Level Isnโt Reclaimed
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Bloomberg Analysts Revises XRP and Cardano ETF Approval Odds To 90%
Key Notes Bloomberg ETF analysts raised the odds of the US SEC approving spot XRP, DOGE, and ADA ETFs to 90%. This is an improvement from the previous position of the analysts regarding the crypto ETF approvals. VanEck recently listed its SOL ETF on DTCCโs clearing and settlement platform. Eric Balchunas and James Seyffart, two top Bloomberg Senior ETF analysts, have raised the odds of the United States Securities and Exchange Commission (SEC) approving spot XRP, Dogecoin, and Cardano ETFs to 90%. Seyffart announced this in an X post, citing…