Cardano price is showing early September momentum: trading volume surged 73.34% to $1.27B and ADA reversed a three-day slide, rising from $0.794 to $0.845 on September 1. Short-term outlook hinges on a break above $0.88 to confirm a rally toward $1.20, otherwise volatility or consolidation is likely.
73.34% rise in 24h trading volume to $1.27B
ADA moved from $0.794 to $0.845, reversing a three-day drop
September has historically been weak for ADA: notable -23% in Sep 2021; minor declines in 2022 (-2.47%) and 2023 (-0.78%)
Cardano price outlook: Cardano price shows early September volume surge; watch $0.88 breakout for a rally to $1.20 — read latest data and trade guidance.
What is Cardano’s September outlook?
Cardano price outlook for September is cautiously optimistic but data-driven: higher volume and a short-term price reversal on September 1 suggest renewed buying interest, yet historical September weakness and macro risks mean ADA may either consolidate, pull back, or resume a rally if it breaks key resistance at $0.88.
Cardano’s trading volume jumped 73.34% in the last 24 hours to $1.27 billion, per CoinMarketCap data, as traders adjusted positions at the start of September. ADA reversed a three-day decline, climbing from $0.794 to $0.845 on Monday’s session.
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On September 1 ADA rallied intraday, reversing a three-day drop and briefly reclaiming momentum. At the time of writing ADA was down 0.07% after earlier gains. The surge in volume to $1.27B is meaningful because higher volume often precedes sustained moves or decisive breakouts.
Market participants note that September is often weak for risk assets due to profit-taking patterns earlier in the year and positioning ahead of Q4. Historical data: Cardano posted a -23% September in 2021, then -2.47% (2022) and -0.78% (2023), marking three of four Septembers in red since 2021.
Federal Reserve communications are front and center: Fed officials have signaled the possibility of a rate cut at the September meeting on 16–17 September. Lower policy rates generally favor risk assets; a confirmed dovish shift could increase upside for Cardano, while continued hawkish rhetoric would likely cap gains and increase volatility.
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Source: https://en.coinotag.com/cardano-trading-volume-jumps-73-to-1-27b-ada-could-rally-in-september-if-it-clears-0-88-toward-1-20/