The recent delay in the approval of the Cardano exchange-traded fund (ETF) has caused the price of ADA to retreat to its previous range lows, stirring concerns among investors about the cryptocurrency’s market performance. However, amidst this setback, there is speculation that the upcoming developments could lead to a significant price rally, potentially paving the way for a substantial breakout in the near future. Investors are left wondering whether this period of consolidation might precede a surge in momentum for Cardano.
source: https://blocknews.com/cardano-etf-delay-pushes-ada-back-to-range-lows-but-could-a-big-breakout-be-next/