At the time of press, Cardano price trades at $0.8639, up 4.45% in the last 24 hours, reflecting renewed strength. Market attention remains divided between chart-driven signals and macroeconomic shifts influencing digital assets. With September’s Federal Reserve decision approaching, ADA’s path toward $1.65 is increasingly tied to broader liquidity conditions.
Cardano Price Action Shows Rising Wedge Signals Toward $1.65
The Cardano price chart reflects a series of higher lows that emphasize resilience within a rising wedge pattern. Immediate resistance stands near $0.95, while the $1.05 zone marks the next pivotal barrier on the chart.
Clearing these levels could open the way toward $1.16, with Fibonacci extensions pointing to $1.40 and ultimately $1.65. Support remains intact at $0.82 and deeper at $0.78, anchoring ADA against downside risks.
Market structure highlights sustained interest, showing that accumulation continues along the established trendline, with the parabolic SAR indicator sitting below the ADA current market value. As a result, technicals suggest ADA could be primed for an upward surge once resistance levels are breached.
Importantly, ADA price prediction 2025 remains linked to whether this structure fuels a larger cyclical rally. Daily candles confirm adherence to the trend, making bullish continuation more probable than reversal.
The wedge formation often resolves with sharp movement, supporting projections of a breakout scenario. Therefore, Cardano price continues to balance tested supports against ambitious Fibonacci-driven targets, with $1.65 standing out as a critical milestone.
ADA/USDT 1-Day Chart (Source: TradingView)
September Fed Decision With 86% Odds of 25bps Cut Could Shape ADA Breakout
Markets have overwhelmingly priced in a 25bps cut at the September Fed meeting, with probabilities climbing to 86%, according to Polymarket. This strong expectation has already influenced sentiment across risk assets, including Cardano price, by pointing toward looser financial conditions.
Such moves create supportive liquidity environments, often boosting demand for digital assets like ADA. Only 4% of probabilities are tied to no change, leaving minimal doubt about the general direction of policy.
As earlier reported by CoinGape, there is also an 11% chance of a deeper 50bps cut, a scenario that has drawn interest ahead of CPI and PPI releases. While this remains a smaller possibility, it reinforces the weight of upcoming inflation data in shaping sentiment.
Moreover, Powell’s guidance on future cuts could prove more decisive than the September move itself. Consequently, ADA may see sharp reactions as the macro backdrop and Fed policy converge, further supporting its potential climb toward $1.65.
To sum up, Cardano price is firmly positioned within its rising wedge, and the chart signals a clear path forward. With September Fed cut odds at 86%, ADA is set to benefit from looser financial conditions. The breakout structure confirms upside targets at $1.16 and $1.40, with $1.65 firmly in sight. Therefore, Cardano is entering a decisive phase where higher valuations are not just possible but expected.
✓ Share:
Coingape Staff
CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.
Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.
