Cardano Price Hits Make-or-Break Zone After FOMC Announcement

Cardano's price is facing a crucial test following the recent FOMC announcement. The cryptocurrency has been trading in a fragile recovery structure, which could either confirm a genuine trend reversal or collapse into a retest of late-June lows.

The price has crawled back toward the $0.162, $0.165 zone, but remains below all major moving averages and inside a descending channel. The micro resistance band between $0.164 and $0.175 is the immediate battleground for Cardano's price.

A clear break through this zone could open the path to $0.17 and beyond, with multiple analysts flagging $0.64 as the macro resistance that would confirm a full cycle recovery.