Analyst: The price of Cardano is fragile below $0.24; holding above $0.21 remains to be verified.
2026-10-09 23:46:37
According to CoinMeta, the price of Cardano fell below $0.24 on October 9th, and the current trading price is $0.2359, which represents a 1.59% increase from the opening price. Analyst Ali Martinez pointed out that if the price continues to decline, $0.21 will become a key support level. TradingView data shows that the high point of Cardano in the past week was $0.2824, and the low point was $0.2238, with a decrease of about 9.2% during the week. In addition, Jesse Olson also mentioned that the daily chart of Cardano indicates weakened intraday momentum, suggesting a potential risk of further decline.
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Source:Cryptonews
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