ADA Price Prediction: US Inflation Shock Puts Cardano $0.23 Support at Risk

thecryptobasic2026-10-16 13:22:18

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ADA Price Prediction: US Inflation Shock Puts Cardano $0.23 Support at Risk

Cardano (ADA) is testing a support level around $0.23 as rising US inflation fuels concerns that interest rates will remain elevated, increasing pressure on cryptocurrencies. TradingView analyst Th3arock warned on X that September’s inflation data will influence ADA’s next move.

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