Cardano was modestly higher in the 11 November 2026 session, moving with a broader bounce in the digital currency market. Ethereum also gained slightly. The lift comes one day after US consumer prices rose 0.4% in October against a 0.3% forecast, which revived Fed rate hike worries. Even after the bounce, the Cardano price sits below its 20-day moving average and near the bottom of its one-month range.

In short, the move looks like a small recovery from the post-CPI low. ADA traded at $0.1751 on 11 November (time not stated), according to CoinGecko data cited by Coin Gabbar. That is roughly 94% below the $3.09 all-time high of September 2021. The broader trend stays weak while markets price a December rate rise.

The information in this article is provided for educational purposes only and does not constitute financial advice. Consult a financial advisor before making investment decisions.

Table of Contents

Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. This article is general information and should not be treated as investment advice.

Cryptoassets such as Cardano and Ethereum are highly volatile, and you could lose all the money you invest. Investor protection schemes may not apply to them.

Cardano Price Today: The Short Answer

ADA is up a little on the day, yet the bigger picture is still bearish. The October CPI release on 10 November hit risk assets. ADA then dipped to $0.1711 within 24 hours before buyers stepped in, according to Coin Gabbar. Ethereum dropped as low as $2,015 on 10 November, according to CoinLore.

Source: Coin Gabbar, CoinLore ADA, CoinLore ETH, CoinCodex. The 24h windows include the 10 November drop, so they can show losses while the 11 November session is higher. Past performance is not a reliable indicator of future results.

Why is Cardano up today?

The rise looks like a relief move after a sharp sell-off. Prices can bounce once a data shock has been absorbed, although such moves do not always last. Coin Gabbar described ADA swinging from a daily high to a fresh low before settling a bit higher. That pattern fits a market that sold first and then found some buyers near support.

The gain is small and follows the wider crypto tape. In phases like this, ADA usually follows the overall market, according to CryptoTicker. Bitcoin makes up about 61% of that market, according to CoinCodex, so Cardano follows Bitcoin in practice, and a modest bounce in Bitcoin often lifts ADA too.

Why is Cardano below its 20 day moving average?

ADA has fallen for weeks, so short-term averages now sit above the price. The 20-day simple average was $0.2082 on 4 November, according to CryptoTicker. At $0.1751, ADA was about 16% below that reading. The 20-day average has probably drifted lower since then, and the price still sits under it.

A moving average smooths past prices. When the price is below a falling average, many chart readers treat the short-term trend as down.

US CPI October 2026: What the Data Showed

The Consumer Price Index for All Urban Consumers rose 0.4% in October, after 0.6% in September. Core CPI rose 0.3% for a third month in a row. This measure excludes food and energy. Both figures come from the US Bureau of Labor Statistics release of 10 November 2026.

Source: US Bureau of Labor Statistics, CPI summary, October 2026, including the September shelter figure. Seasonally adjusted. Core CPI rose 0.3% in both months. Past performance is not a reliable indicator of future results.

Shelter accounted for over 30% of the monthly rise in the headline index, according to the BLS release. Energy cooled sharply from September. Petrol pump prices fell from $4.41 to $4.22 a gallon during October, according to AAA figures cited by Stockpil.

Why the Missing Annual Figure Matters

The statistics office did not collect survey data for October 2025 because of a lapse in appropriations. As a result, it cannot publish 12-month changes for October 2026 for most series, according to the BLS release. Oxford Economics estimated an interpolated annual rate of about 3.9%, as reported by Stockpil.

That gap makes the monthly figures more important. Traders had only the month-on-month numbers to judge the inflation trend.

Stronger than expected CPI: Actual vs Forecast

Source: BLS, Stockpil, MUFG Research. Forecasts are not a reliable indicator of future performance.

Both headline and core beat expectations by a tenth of a point. For a market already pricing a rate rise, that was enough to push risk assets lower on 10 November.

Fed Rate Hike Odds: What Markets Now Price

The Federal Reserve raised its target range by a quarter point in September 2026, according to StockAnalysis. It then held the range at 3.75% to 4.00% on 28 October in a 10-2 vote, according to the Federal Reserve statement of 28 October 2026. Two officials dissented in favour of a hike, as reported by StockAnalysis.

Source: Federal Reserve, Political.org, Stockpil, FedRateCalc. Market pricing changes quickly. Forecasts are not a reliable indicator of future performance.

Higher rates tend to weigh on assets with high volatility. Crypto has been trading as a high-beta proxy for tech and growth stocks, according to investingLive. Our earlier review of the October Fed decision covers the hold in more detail.

What Fed Officials Said After the Data

Fed Governor Christopher Waller said a hot core reading near 0.3% could lead him to back a 50 basis point December move, according to Stockpil. The core figure then landed at exactly that level.

Dallas Fed President Lorie Logan said she sees a need for two more quarter-point increases, as reported by Stockpil. She also expects the PCE price index to move higher when it is reported later in November.

Jobs Data Adds to the Pressure

October payrolls rose by 165,000 against 65,000 expected, with unemployment at 4.1%, according to Political.org. A firm labour market gives the Fed more room to tighten.

Key Dates for Crypto Traders

The calendar is busy into December. Times below are US Eastern and UK time, with the UK on GMT.

Source: FedRateCalc, November 2026, FedRateCalc, December 2026, CryptoTicker for the Treasury vote. Dates can change.

The Admirals economic calendar lists these releases with live updates.

Cardano Price Analysis: Where ADA Stands

ADA has been in a steady decline since early October. It fell 24.5% over the 30 days to 8 November, according to Journal Arta. Its 50-day average was $0.23 at that point. Market value was $6.73 billion.

Cardano Near One Month Low

The one-month range runs from a $0.252 closing high on 11 October to an intraday low of $0.1711 on 11 November. At $0.1751, ADA sits in the bottom 5% of that range.

Source: Journal Arta, CoinCentral, Coin Gabbar. Position in range is our own calculation. Past performance is not a reliable indicator of future results.

October was harsh for ADA. It fell 21.8% that month, its second-worst October in ten years of data, according to Coin Edition.

Cardano Support and Resistance

CoinCentral sees support in the $0.175 to $0.18 zone. A daily close below $0.175 could open $0.16 to $0.165, then $0.15, according to CoinCentral. On the upside, the broken trendline near $0.20 to $0.205 is the first major test.

Source: CryptoTicker, Coin Edition, CoinCentral. Levels are analysts' views and can change. Past performance is not a reliable indicator of future results.

Cardano RSI and Momentum

The 14-day Relative Strength Index stood at 33.77 on 10 November, close to the 30 line that many traders treat as oversold. MACD sat at -0.0121, below its signal line at -0.0115. Both readings come from CoinCentral.

Low RSI readings can come before a bounce. They can also persist for weeks in a strong downtrend. On its own, RSI does not mark a bottom.

Cardano 5 Year Performance

ADA has seen large swings in both directions. Two of the last five full years were heavy losses. The table shows the change from CoinLore's start value of each year to its year-end value.

Source: CoinLore, Cardano historical data; CoinLore, Ethereum historical data. Period: 1 January 2021 to 10 November 2026, start and end values of each period as listed by CoinLore. Figures are price changes before taxes and costs, which may vary. Past performance is not a reliable indicator of future results.

The 2021 gain started from a low base. The 2022 and 2025 losses then erased much of it. Cardano is down about 51% in 2026 so far.

Ethereum Price Analysis After CPI

Ethereum fell harder than ADA on the CPI day in percentage terms. It lost about 3.9% from open to close, against about 1.9% for ADA, based on CoinLore daily data and our own calculation. It closed 10 November at $2,051 after opening at $2,134, according to CoinLore. By 06:00 UTC on 11 November it traded at $2,069.75, as reported by CoinCodex.

Ethereum Price in Context

Source: TradingNews, Fortune, CoinLore, CoinCodex. Past performance is not a reliable indicator of future results.

At $2,069.75, ETH was about 58% below its August 2025 high of $4,952, according to CoinLore. It also traded about 4% below its 200-day average of $2,157, cited by TradingNews.

Ethereum Support and Resistance

TradingNews sees $2,000 as the key level, with the next zone at $1,832. A recovery above $2,255 would be the first sign of a bottom, according to TradingNews. Analysts at investingLive said sellers target $1,900, and a break below it could open the $1,500 area, according to investingLive.

Source: TradingNews, investingLive. Levels are analysts' views and can change. Past performance is not a reliable indicator of future results.

Ethereum Bitmine Holdings and Fund Flows

Bitmine held 6,070,092 ETH on 8 November, about 4.97% of supply, according to TradingNews. The company is close to its own 5% cap. A large steady buyer could therefore step back soon.

US spot Ether funds saw $365.2 million of outflows in the week of 2 to 6 November, a sixth straight weekly outflow, according to TradingNews. Such US-listed funds may be unavailable to UK and EU retail investors. More than $462 million of positions were liquidated over 24 hours around the 8 November sell-off, about 92% of them longs, the same source reported.

Our earlier Ethereum analysis covers the Glamsterdam delay and the start of these outflows.

Cardano vs Ethereum: How the Two Compare

Source: Coin Gabbar, CoinCodex, CoinLore ADA, CoinLore ETH, CoinCentral, TradingNews. Distance from high is our own calculation. Past performance is not a reliable indicator of future results.

ADA has fallen further from its peak. Ethereum carries far more market value and fund activity. Both showed 24-hour losses alongside Bitcoin in the 11 November snapshots above.

Bitcoin and the Broader Crypto Market

Bitcoin traded at $73,950 at 06:00 UTC on 11 November, down 1.16% over 24 hours, according to CoinCodex. Total crypto market value fell from $2.48 trillion to $2.45 trillion over the same window.

Spot Bitcoin funds lost nearly $1.3 billion over the five sessions to 6 November, according to investingLive. That drain came before the CPI release. It helps explain why the market was fragile going into the data.

Crypto Market Reaction to CPI

Source: Political.org, Stockpil, TradingNews, CoinCodex, CoinLore ADA, Coin Gabbar. Past performance is not a reliable indicator of future results.

A 0.4% CPI print was not the only driver of ADA's slide. It hit a market that was already weak, after weeks of outflows from spot Bitcoin and Ether funds. These outflows were reported by investingLive and TradingNews.

What Moves Cardano Price Beyond Macro

Macro data drives the short-term tape. Network events can still shape sentiment over months. You can read more about the project in our guide What is Cardano.

Cardano Amaru and the Cardano Dijkstra Hard Fork

Source: CryptoTicker (German edition), CoinTurk. Timelines are plans and can slip.

Amaru is built by PRAGMA, a group that includes the Cardano Foundation, according to CryptoTicker. It is a second node client for the network. Dijkstra is set to bring Linear Leios and nested transactions, according to CoinTurk.

Cardano On Chain Activity

Network use is thin. CoinCentral counted about 24,177 transactions and 15,658 active addresses over 24 hours. DeFi value locked was about $50 million, according to CoinCentral. Value in Cardano apps fell to $54 million from $69 million 30 days earlier, DefiLlama data cited by CryptoTicker show.

One mildly positive sign is exchange outflows. About $10.36 million of ADA left exchanges in the week to around 3 November, according to Coin Edition. Coins leaving exchanges can suggest less selling pressure. The figure is small against a $6.6 billion market value.

Cardano Price Prediction November 2026: What Analysts Say

Source: Coin Edition, CoinCentral, CryptoTicker, investingLive, TradingNews, MUFG Research. Forecasts are not a reliable indicator of future performance.

Most views cluster around a range with a downside bias. ADA's median November return has been -2.63%, with 4 of 9 completed Novembers positive, according to Coin Edition. Seasonal data is a weak guide on its own. These figures are price changes before taxes and costs.

Illustrative Scenarios for ADA and ETH

The scenarios below are illustrative. They show how prices could react to different triggers. They are not predictions.

Source: levels from CoinCentral, TradingNews, investingLive. Illustrative only. Forecasts are not a reliable indicator of future performance.

Each path has a clear test. Many chart readers would treat a daily close back above the 20-day average as a first sign of a better tone for ADA. A daily close below $0.175 would confirm the weaker case in CoinCentral's framework.

Upside and Downside Factors for Cardano

Source: CoinCentral, Coin Edition, CoinTurk, TradingNews.

The table shows that the macro headwinds are immediate. The tailwinds are slower and depend on delivery.

How Traders Often Approach Cardano After a CPI Shock

This section describes common market practice. It is general information and does not tell anyone how to trade.

Things Traders Often Watch

  • Many traders watch the daily close against the $0.175 support zone.
  • Some track whether ADA can reclaim its 20-day moving average.
  • Traders often follow Bitcoin, because ADA tends to move with it.
  • The US PPI release on 13 November is a near-term macro test.
  • Spot fund flow data for BTC and ETH is a gauge of risk appetite.
  • Some traders also follow the market-implied odds of a 50 bp hike, which stood at 13.6% after the CPI release.

Managing Risk Around Data Releases

Crypto can move sharply in minutes after US data. Some traders use stop-loss orders to manage risk, although stops can be filled at worse prices in fast markets. Others cut position size before releases such as CPI or PCE.

Leverage magnifies losses as well as gains. A small move against a leveraged position can lead to a large loss.

Cardano CFD Trading: Key Facts

Crypto CFDs are not available to retail clients in the UK. Elsewhere, access depends on the client's country of residence. Where they are available, the Admirals range of CFDs on cryptocurrencies includes an ADAUSD CFD and an ETHUSD CFD. Details are in the contract specifications.

Crypto CFDs are not available to retail clients in the UK. Source: Admirals contract specifications.

Practising on a Demo Account

A demo account uses virtual funds; results may differ from live trading. Some traders use one to test how they would react to a data release. The MetaTrader 5 platform shows ADAUSD and ETHUSD charts with built-in indicators.

Frequently Asked Questions

Why is Cardano up today?

ADA rose modestly in the 11 November session as the wider crypto market bounced after the post-CPI sell-off.

What was the US CPI in October 2026?

Headline CPI rose 0.4% month on month against 0.3% expected, while core CPI rose 0.3% against 0.2% expected.

Why is Cardano below its 20 day moving average?

Weeks of selling pushed ADA under its short-term averages, and the 20-day average was about $0.208 on 4 November.

What are the key Cardano support and resistance levels?

Analysts cite support at $0.175 to $0.18 and $0.16 to $0.165, with resistance near $0.20 to $0.205.

How does a Fed rate hike affect crypto?

Higher rates tend to reduce demand for volatile assets, and crypto can fall when hike odds rise.

What is the Cardano all time high?

Cardano reached its all-time high of $3.09 in September 2021, and ADA now trades roughly 94% below it.

Can UK retail clients trade crypto CFDs?

Crypto CFDs are not available to retail clients in the UK, and elsewhere access depends on the client's country.

Final Thoughts

ADA's small gain on 11 November is a bounce inside a downtrend. The price remains below its 20-day average and near the bottom of its one-month range. Ethereum is also stuck below its 200-day average.

The next tests are US PPI on 13 November and PCE on 25 November. The Fed decision on 9 December is the main event. Softer data could support a relief move, while hotter data could extend the decline.

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