Will Cardano (ADA) Break $1 or Face a Correction? Examining Price Predictions and Macroeconomic Forces

Cardano (ADA) has been grappling with resistance above the $0.85 level on its daily chart, hinting at a period of consolidation following an earlier strong rally this month. This pause in momentum coincides with significant shifts in global macroeconomic trends, notably fiscal and monetary policies that directly impact risk assets like cryptocurrencies. The key question is whether these macro factors will act as a tailwind for ADA’s price or trigger a correction phase.