Cardano Reclaims $0.20 as Remittix Presale Surpasses 81%

Cardano (ADA) reclaimed its spot above $0.20 after falling below it in response to the Federal Reserve's rate increase and a failed vote on the CLARITY Act.

The token's price rebounded from an intraday low of around $0.197 to approximately $0.2146 on September 18, with the latest session closing at $0.217.

Cardano's recovery above $0.20 has improved its near-term structure, but it still needs to establish stable support for a sustained breakout.

The first resistance range for ADA is between $0.215 and $0.22, with potential targets of $0.23 and $0.25 if the token breaks through this zone.