Cardano ( ADA ) Price drops by 68% in a year, whether the ' Uptober ' trend can reverse remains to be seen
2026-09-28 23:17:40
CoinMeta data: According to U.Today, Cardano ( ADA ) has seen a 68% decline in price over the past year. Although it has performed well in the short term (7 days, 14 days, and 30 days), one-year data shows significant losses. ADA fell from $0.954 in September 2025 to $0.138 in June 2026, resulting in a break below its 50-day moving average. Although there has been a rebound since July, for a sustained reversal, buyers need to take control of the market again, accompanied by higher trading volumes and a series of higher highs and lows. Currently, ADA has fallen 3.22% in the past 24 hours and is now trading at $0.247. Investors are watching upcoming macroeconomic data, including PCE inflation, ISM manufacturing and non-farm employment data, which could affect the Federal Reserve's interest rate hike expectations and the broader market.
Source:U.Today
This content is for market information only and does not constitute investment advice.
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