Cardano (ADA) completed a triangle pattern on the daily price chart but a golden cross has formed on another timeframe.
Investors are closely watching the SEC’s decision on the ADA ETF application nearing the deadline.
ADA price decreased by 2% in 24 hours, yet saw gains over the past seven days, 30 days, and 90 days.
Analysts predict market uncertainty as traders await an explosive move, with ADA forming a triangle pattern amidst possible disruptive supply spike and potential bullish reversal with a golden cross.