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Cardano's SuperTrend turns bearish, signaling potential drop below $0.21 support level.

Technical Signals
20 Oct 2026
Dailycoin
View Source
Bearish
Cardano's SuperTrend turns bearish, signaling potential drop below $0.21 support level.

Cardano (ADA) is showing a bearish signal as its SuperTrend indicator flips negative, similar to a pattern in May that led to a 46% price drop. The critical support level to watch is $0.21; a daily close below this could trigger a further decline toward $0.17. Despite this technical warning, large ADA holders (whales) have kept their holdings stable, indicating no strong selling pressure yet. Traders should watch the $0.21 level closely as it will determine if ADA maintains its current channel or faces deeper losses.

As of Oct 21, 2026 01:01 WIB, Cardano (ADA) trades at Rp4.011 on Pluang, showing a 1-day gain of 2.77%. The market cap stands at Rp147,23 trillion with a 24-hour trading volume of Rp4,8 trillion. Despite the bearish SuperTrend signal noted in the article, Pluang users are predominantly buying ADA, with 75% of order activity on the buy side and a typical hold time of 127 days.

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