According to CoinMeta, Cardano ( ADA ) has rebounded by nearly 3% from its latest low, but it is facing pressure from the Federal Reserve's interest rate decision on October 28th. ADA is currently around $0.205, still falling short of the resistance level of $0.22. Analyst Ali Martinez has warned that if the daily closing price falls below $0.21, it could lead to a deeper correction, with a target price of $0.17. The Federal Reserve's meeting will conclude on October 28th, and the market will be watching its policy statement closely. If the policy leans towards a hawkish stance, it may put pressure on speculative assets. Cardano The community is also considering a proposal involving 22 million ADA, which pertains to the tokenization of physical copper and requires governance approval.