Bitcoin Cash (BCH) saw a surge of approximately 6%, reaching $481.30 after breaking through the $470 resistance level, supported by strong buying pressure and several bullish indicators. The Relative Strength Index (RSI) sits at 61, indicating healthy bullish momentum, while the Average Directional Index (ADX) is 20, suggesting potential for further significant movement. Conversely, Cardano (ADA) dropped 3.5% to $0.5669 amid bearish signals and struggling support levels. The RSI for ADA is at 35, approaching oversold territory. The ADX indicates a strong downward trend, with the price trading below both its 50-day and 200-day exponential moving averages. This reflects selling pressure and loss of investor confidence. The Federal Reserve's decision to maintain interest rates at 4.25%-4.5% creates a waiting period for traders, as they seek clearer market direction. In summary, while BCH marks a positive breakout, ADA faces challenges in a bearish environment distinct from the bullish sentiment surrounding BCH.

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