The price of Cardano (ADA) stabilized on Sunday, trading at $0.6610, up 15% from its lowest level the previous week. Traders were eagerly awaiting details about a meeting between Cardano founder Charles Hoskinson and a VIP, with speculation suggesting it could be either President Donald Trump or Elon Musk. However, Hoskinson has not provided any updates on the meeting or its potential impact on Cardano. Cardano fans hoped the meeting would bring positive outcomes, such as Musk embracing the network for government functions. The ADA price has formed a falling wedge pattern and is currently at the 61.8% retracement level, indicating a neutral outlook. A bullish breakout would be confirmed if the price rises above $0.789, while a drop below $0.515 could lead to further downside.



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