Mexico central bank lowers key rate by 25 bps, as expected

💡 DMK Insight

The recent vote to hold rates amidst inflation projections is a critical moment for ADA traders. With ADA currently at $0.53, the broader economic context suggests that any shifts in monetary policy could impact crypto sentiment. The peso’s stability at 18.60 indicates a cautious approach from investors, which could spill over into the crypto market. If inflation converges to target by Q3 2026, we might see a more favorable environment for risk assets, including ADA. Traders should keep an eye on ADA’s support levels around $0.50 and resistance near $0.60. A break below support could trigger further selling, while a rally past resistance might attract bullish momentum. But here’s the flip side: if inflation remains stubborn, the central bank could pivot, leading to increased volatility. Watch for any economic indicators or central bank statements that could shift market sentiment. These could provide critical signals for ADA’s next move.