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Crypto market reactions vary with each unchanged rate decision by Fed: Santiment In a recent Insights post on its website, the on-chain analytics platform Santiment noted that U.S. Federal Open Market Committee (FOMC) decisions have influenced the crypto market over the past…

Cardano (ADA) has been a hot topic in the cryptocurrency market, known for its innovative blockchain technology and strong developer community. After a period of volatility, ADA price is attempting to stabilize, leading traders and investors to speculate whether it has the potential to reach the ambitious $100 milestone. In this article, we analyze ADA price trends , key technical indicators, and market sentiment to predict its future movement. Cardano's price is currently consolidating within a tight range, fluctuating between $0.70 and $0.75. This follows a strong bullish rally in the past months, which saw ADA break past several resistance levels before undergoing a retracement. The Relative Strength Index (RSI) currently sits at 45.35, indicating neutral market momentum. While not oversold, ADA lacks strong buying pressure to push prices higher. The Moving Average Convergence Divergence (MACD) shows a weak bullish crossover forming, suggesting that momentum could shift in favor of the bulls. However, until significant buying volume steps in, ADA may continue trading sideways in the near term. Currently, ADA is testing a major support level at $0.70 . This level has held firm during recent market downturns, preventing further declines. If the bulls defend this price range, ADA could see a bounce toward its first resistance level at $0.80. Breaking past this resistance could open the door for a move toward $1.00, a crucial psychological and technical level. If selling pressure increases and ADA fails to hold above $0.70, it may drop toward lower support at $0.60. This would put the cryptocurrency in a more bearish stance, prolonging its recovery phase. For Cardano to hit the $100 target , it would require an astronomical 13,000% price increase from current levels. While the project continues to see strong adoption, such a price surge would necessitate a combination of factors, including: While reaching $100 may not be feasible in the near future, ADA could target more realistic milestones such as $5 or $10 within the next market cycle. Cardano’s price action remains in a consolidation phase, with key support at $0.70 and resistance at $0.80. While a push to $100 seems unrealistic in the short term, ADA still holds significant growth potential if the market conditions align favorably. If momentum builds, ADA could aim for $1.00 and beyond in the next bullish phase.

#Solana News: @RaydiumProtocol dev @0xINFRA explains the new permissionless customizable open source LaunchLab bonding curve program they are making available so anyone can build a hygienic launch pad with a bonding curve and compete with @pumpdotfun. They themselves are not making a Luanch Pad, they are building the infra to support a whole new ecosystem of launch pads with #Raydium ecosystem integrity.

The Flare x Google Cloud Hackathon, held from March 7-9 in collaboration with Blockchain at Berkeley, brought together students and researchers to explore how blockchain can support AI-powered applications while maintaining security and trust. Participants from UC Berkeley, the University of Waterloo, and ETH Zurich worked on projects using Google Cloud’s Confidential Space to run AI computations in a verifiable way. Confidential Space is a secure computing environment that prevents outside interference while generating cryptographic attestations. These attestations confirm that an AI computation was executed correctly, and they can be verified on the Flare ( FLR ) blockchain, according to a note shared with crypto.news. This setup allows AI models to process data without exposing it to third parties while ensuring the results remain trustworthy. The hackathon attracted more than 460 participants competing across four tracks. Projects ranged from AI-driven financial applications to consensus learning solutions. All projects used Confidential Space instances running on AMD’s Secure Encrypted Virtualization platform, which protects computations from tampering. One of the top projects was 2DeFi, created by two University of Waterloo students. It won first place in the AI x DeFi track and second place in the RAG Knowledge track. The project helps traditional finance users enter decentralized finance on Flare. 2DeFi allows users to upload screenshots of their Robinhood portfolios, which Google’s Gemini AI then analyzes to assess risk tolerance. The AI-generated profile is used to suggest a DeFi strategy, such as staking or liquidity provision. To simplify onboarding, 2DeFi integrates Google login-based wallets, allowing users to interact with Flare without managing private keys. The hackathon also marked the launch of the Flare AI Kit, an open-source SDK for building AI-powered blockchain applications. The SDK allows developers to integrate AI models with Flare while ensuring verifiability and security. Flare AI Kit will continue to evolve, with plans to bring it to the Google Cloud Marketplace as a production-ready solution. The initiative aims to make AI computations on blockchain more transparent and secure for developers and enterprises.

Crypto analyst Mags recently pointed out that the Fear and Greed Index has once again dipped into “Extreme Fear” territory. Historically, this has often been a reliable buy signal for Bitcoin (BTC), with each previous drop into this zone preceding a significant price recovery. The last time this occurred was in September 2024, when Bitcoin was trading around $54,000. Following that extreme fear signal, BTC experienced an impressive surge of 102%. Now that the index is back in Extreme Fear, traders are watching closely for a similar bounce. However, this potential trajectory could be influenced by external macroeconomic factors, particularly the upcoming Federal Reserve meeting. The Federal Open Market Committee (FOMC) meeting concludes today, March 19, 2025, and Fed Chair Jerome Powell’s subsequent speech will be closely scrutinized. This meeting is especially critical given the current economic uncertainty stemming from President Donald Trump’s recently imposed tariffs on Mexico and Canada . These economic shifts have already caused the crypto market to shed nearly a trillion dollars in valuation, making the FOMC’s interest rate decision even more impactful. Currently, analysts expect the Fed to maintain rates between 4.25% and 4.50%, unchanged since December 2024. Market expectations for rate cuts in 2025 have shifted from anticipating two quarter-point reductions to a more cautious outlook. Bitcoin is currently trading around $83,306, struggling to break through existing resistance levels. The Relative Strength Index (RSI) is at 43.73, indicating a neutral to slightly bearish momentum. Bollinger Bands suggest that BTC is trading closer to the lower band, which typically signifies high volatility and the possibility of a significant price move. However, the direction of this move will likely depend on overall market sentiment and the broader macroeconomic environment. Related: Metaplanet’s Bitcoin Bet: Tokyo Firm Adds Millions More in BTC to Treasury Analyst Ali Martinez has highlighted the importance of Bitcoin’s moving averages . BTC is currently facing rejection at the 200-day Simple Moving Average (SMA), while the 50-day SMA is providing an additional layer of resistance around $91,000. Bullish momentum for Bitcoin may remain uncertain until these key levels are decisively cleared. If Fed Chair Powell’s commentary hints at potential future rate cuts or if market sentiment improves following the FOMC meeting, Bitcoin could indeed bounce back from this Extreme Fear territory. A successful break above the $91,000 resistance could then trigger a rally towards $100,000 and potentially beyond, mirroring the historical pattern observed in September 2024. Related: Bitcoin’s Getting New Big Players: Fresh Whales Amassing Millions However, if the Federal Reserve maintains a hawkish stance and economic conditions continue to deteriorate, BTC could revisit support levels around $77,000 or even lower. In this scenario, the Fear and Greed Index might remain in Extreme Fear for an extended period, delaying any potential recovery. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.