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Cardano's ADA tests long-term resistance after years of price compression, still far below 2021 peak.

Technical Signals
30 Sep 2026
Tokenpost
View Source
Neutral
Cardano's ADA tests long-term resistance after years of price compression, still far below 2021 peak.

Cardano's ADA is currently testing a long-term resistance line after nearly nine years of price compression, trading at $0.2478, which is 92.1% below its all-time high of $3.09 from September 2021. The token's price has been confined within a narrowing wedge pattern formed by a rising support line and a descending resistance line since its 2021 peak. A confirmed breakout would require a weekly close above resistance and a successful retest of that level as support. Increased trading volume suggests growing investor interest as ADA approaches the wedge's end, but a breakout is not yet confirmed. Experts argue ADA's consolidation mirrors broader altcoin market patterns linked to expanding blockchain adoption and decentralized finance, positioning Bitcoin mainly as a store of value while other networks take on diverse financial roles.

As of Oct 01, 2026 00:06 WIB, Cardano's ADA is trading at Rp4.454 on Pluang, showing a 1-day gain of 2.75%. The token's market cap stands at Rp161.54 trillion with a 24-hour trading volume of Rp9.77 trillion, reflecting active investor interest. Meanwhile, Bitcoin trades at Rp1.508.950.966 with a 1-day increase of 1.08%. ADA's typical hold time on Pluang is 126 days, indicating relatively longer-term investor engagement compared to Bitcoin's 110 days.

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