Cardano's ADA traded near $0.25 on October 8, dropping about 1.79% over 24 hours as large-holder balances fell by roughly 90 million ADA since late September. Futures open interest also declined by 9% in the past week, indicating reduced leveraged exposure. Despite these pressures, ADA remained above key moving averages with technical support at $0.2488 and resistance at $0.2586. A close below support could weaken the short-term outlook, while a close above resistance might strengthen it. The data does not conclusively link the decline to large-holder selling on October 8 alone.
As of Oct 08, 2026 21:23 WIB, Cardano's ADA is trading at Rp4.450 on Pluang, down 1.96% over the past day. The platform shows a market cap of Rp162.81 trillion and a 24-hour trading volume of Rp9.93 trillion. Notably, sell orders dominate at 63% of Pluang's order activity, reflecting cautious sentiment among users.
Cardano's ADA token experienced a sharp price decline, dropping 3.29% within one hour to $0.2407 on October 8. Over the same period, long liquidations across major exchanges Binance, Bybit, and OKX totaled $850,000, while no short liquidations were r...
Cardano (ADA) recently fell 10.68% after a post-quantitative-tightening pullback, trading between its 20-week and 50-week moving averages. Analyst Dan Gambardello notes this pattern resembles early 2020 before the COVID-19 crash but cautions the curr...
Ripple (XRP), Cardano (ADA), and Solana (SOL) experienced short-term selling pressure as recent gains retraced and momentum indicators weakened. XRP hovered near $1.40, close to its 50-day and 200-day moving averages, with a potential drop to $1.2468...
Despite Cardano's ADA token falling over 90% from its 2021 peak, analyst John Nakamoto highlights strong on-chain activity suggesting the blockchain is not "dead." While ADA's market value far exceeds its current DeFi activity and liquidity, new deve...
Chainlink (LINK), Cardano (ADA), and Solana (SOL) are showing signs of further declines following a broad cryptocurrency market pullback. LINK is breaking below a key technical pattern and may drop to $12.39 or $11.98 if it fails to reclaim $13.56 re...
