Cardano Price Prediction: Can ADA Hold $0.20 as Traders Wait on the FOMC Meeting?

• Cardano price prediction stays bearish below $0.2111, the CRT low ADA needs to reclaim
• ADA open interest rose 8.24% to $462.69M while price sits below all four daily EMAs
• LuckSide Crypto says Cardano Prime named its first funded projects, with about $200M expected for DeFi

Cardano price prediction for October 29 stays bearish below $0.2111, the level ADA needs to reclaim, with the FOMC meeting the next test for price.

Cardano Price Analysis: Can ADA Hold $0.20 After Falling Below Its CRT Range?

ADA is holding above $0.20 for now, trading at $0.2055 and down 0.07% today, but it remains under its CRT low and all four daily EMAs. CRT, or candle range theory, marks one candle’s high and low and watches for a sweep of one side followed by a move to the other. 

The range here comes from the October 18 candle, betwee…

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