Macroeconomic Analysis: Federal Reserve and the PCE.
30/09/2026 Let’s look at what has been in the news today and caused a rebound across the different financial markets, but with favorable inflation data, signs of industrial expansion, and regulatory adjustments from the Federal Reserve.
1. Inflation gives the Market a breather The Federal Reserve’s preferred inflation data (core PCE) came in below expectations at 3.4%. What does that mean? Inflation is still cooling. The effect: The likelihood that the Fed will raise interest rates again at its upcoming meetings is drastically reduced.
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Cardano (ADA) trades at $0.2557 USDT with a daily increase of +3.10%, consolidating a very clean bullish structure on the 4-hour chart.
📊 Technical Analysis Highlights (4H):
Moving Average Alignment: Price remains above the MA(7) at $0.2521 and the MA(21) at $0.2485, showing consistent buy support on pullbacks.
$ADA
Immediate Resistance: The upper Bollinger band (UP) at $0.2627 and the recent high at $0.2623 represent the critical level to break in order to target the $0.2655 area.
Key Support: Keeping the Supertrend zone at $0.2541 and the middle band MB at $0.2483 is vital to protect the trend.
RSI (7): It sits at 69.06 points, hovering near the overbought zone but still maintaining bullish momentum.
💡 Outlook: If the 4H candle manages to close with volume above $0.2580 - $0.2600, a move toward new local highs would be enabled. Otherwise, a retest toward the $0.2520 support would offer a good reload zone. Should you wait for a pullback to enter? 👇