Cardano Price Prediction Hinges on Clearing Crucial $0.2132 Level

The Cardano price prediction remains bullish above $0.1955, with $0.2132 being the level ADA needs to clear to continue its climb.

However, recent developments have had an impact on ADA's staking reward rate, which has fallen to around 1.4% to 2.2% annually, down sharply from previous years.

In the past four hours, short liquidations took over, reversing a day that started with longs absorbing the bigger hit.