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Cardano's ADA falls 11.5% in a week, chart pattern remains unconfirmed below $0.278 trigger.

Technical Signals
17 Oct 2026
Tokenpost
View Source
Bearish
Cardano's ADA falls 11.5% in a week, chart pattern remains unconfirmed below $0.278 trigger.

Cardano's ADA price dropped to $0.2238 on October 17, down 11.5% over the past week and below the $0.278 level needed to confirm a bullish cup-and-handle chart pattern. Despite a 3% loss in the last 24 hours, ADA is still up 13.5% over the past month. Analyst Giannis Andreou notes that ADA's pattern, formed after a rebound from $0.14-$0.16 in September, requires a weekly close above $0.278 and a successful retest to confirm the setup. Falling below the rising support or the base would weaken the pattern and its bullish outlook.

Cardano trades at Rp3.966 on Pluang as of Oct 17, 2026 22:21 WIB, down 1.69% in the last day. The market cap stands at Rp147,39T with a 24-hour volume of Rp4,24T. Most Pluang users hold ADA for about 127 days, with 86% buying activity today.

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