Cardano Price Eyes $1.65 As Sept 50bps Cut Odds Surge

At the time of press, Cardano price trades at $0.8815, up 5% 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.

September Fed Decision Looms Large As 50BPS Cut Odds Surge To 17%

Markets are increasingly considering a more aggressive September move, with probabilities of a 50bps cut now at 17%, according to Polymarket. While a 25bps cut remains the baseline expectation, the growing probability of a 50bps reduction is shaping liquidity forecasts. 

The 50bps cut odds have surged from 11%, highlighting shifting sentiment ahead of the upcoming CPI and PPI inflation releases, which was  earlier reported by CoinGape.  Historically, aggressive easing measures have amplified capital flows into risk assets, reinforcing upside potential for altcoins like Cardano.

This narrative also follows Jerome Powell’s Jackson Hole policy speech on rate cuts, where he acknowledged labor market risks and hinted that a September move might be necessary. Stronger liquidity conditions align with ADA’s rising wedge breakout structure, further validating targets above $1.40 and 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 rising, 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.

Frequently Asked Questions (FAQs)

The wedge signals sustained bullish structure, pointing toward continued upward expansion.

Strong supports at $0.82 and $0.78 ensure ADA’s resilience against potential downside pressure.

The odds of a 50bps cut are expected to support ADA’s breakout above resistance.

Coingape Staff

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