Cardano Price Prediction: ADA Finds Strong Support – September Rate Cuts Trigger a Breakout to $3 and Beyond
Last week, Federal Reserve Chairman Jerome Powell confirmed that rate cuts are on the table, boosting optimism and supporting a bullish Cardano price prediction that could see ADA hit $3 by year-end.
Speaking after a meeting with regional Fed governors, Powell noted: “The stability of the unemployment rate and other labor market measures allows us to proceed carefully as we consider changes to our policy stance.”
While he didn’t specify a timeline or size for the cuts, markets responded positively. Many analysts now expect the first rate cut to come during the September FOMC meeting.
$ADA is repeating the same cycle seen in 2020.
Accumulation → Re-Accumulation → Rally → Major Supply.
Next major move could easily drive Cardano toward $3–$5.
History doesn’t repeat, but it often rhymes. pic.twitter....