Cardano Consolidation May End with Trump-Driven Rally

Cardano's price has been stuck in consolidation mode, unable to recover from earlier losses and lingering below $0.17 support despite some analysts' predictions of a potential breakout.

The token slipped nearly 6% over the past week, reflecting persistent weakness across the altcoin sector, while its inability to rebound has kept market participants cautious.

However, some analysts believe that ADA could be entering a zone where historical narrative-driven rallies could re-emerge, particularly if macro sentiment shifts back into risk-on territory and Trump repeats his previous pro-crypto commentary.

Analyst Sssebi pointed to a 40-50% price surge in March last year following Trump-linked messaging that included Cardano among other assets, suggesting a similar dynamic could repeat with the upcoming Clarity Act.