Can ADA Hold Its Recovery Amid Fed Uncertainty?
The post Can ADA Hold Its Recovery Amid Fed Uncertainty? appeared on BitcoinEthereumNews.com.
Cardano is showing early signs of life again after weeks of pressure, gaining nearly 5% to trade around $0.58. The bounce comes at a time when macroeconomic signals from the Federal Reserve are becoming increasingly confusing. With policymakers split on whether to cut interest rates again in December and inflation still running above target, risk assets like cryptocurrencies are treading carefully. For ADA price, this hesitation from the Fed could dictate how sustainable its short-term rally really is. Cardano Price Prediction: How Fed Uncertainty Shapes the Market Mood The market’s current hesitation stems from mixed messages out of the Federal Reserve. Some officials, including Austan Goolsbee, are urging caution, saying the lack of official economic data during the ongoing government shutdown makes it risky to ease further. Others, like Trump’s appointee Stephen Miran, are pushing for faster cuts to protect the job market. This divergence has left traders guessing about whether the next rate move in December will bring relief or disappointment. For ADA and other altcoins, rate cut expectations are crucial because lower interest rates generally drive liquidity back into risk assets. But when the Fed’s message turns foggy, traders tend to de-risk—meaning ADA’s upside momentum could face short-lived resistance if the uncertainty persists through mid-November. Technical Analysis: Cardano Price Prediction Finds Short-Term Support ADA/USD Daily Chart- TradingView The daily chart shows ADA price consolidating after a deep correction through October. The coin has rebounded from near $0.50, forming a small bullish candle cluster within the lower Bollinger Band range. The 20-day moving average sits around $0.61, now acting as immediate resistance, while the upper Bollinger Band near $0.70 caps the next potential breakout zone. The current move above $0.58 suggests buyers are cautiously re-entering the market. However, volume remains muted, and ADA is still trading below its mid-band…
Filed under: News - @ November 8, 2025 4:27 am