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Cardano dips 10.68% post-quantitative tightening, eyeing key moving averages for next altcoin cycle signal

Technical Signals
08 Oct 2026
Tokenpost
View Source
Neutral
Cardano dips 10.68% post-quantitative tightening, eyeing key moving averages for next altcoin cycle signal

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 current market lacks a similar crash trigger. The focus is on whether ADA's 20-week moving average will cross above the 50-week average, which could signal a new altcoin cycle. Meanwhile, Bitcoin and XRP also show similar patterns amid shifting economic conditions, though XRP's cycle was affected by a past SEC lawsuit against Ripple.

Cardano trades at Rp4.412 on Pluang, down 2.95% as of Oct 08, 2026 20:02 WIB. The market shows 63% sell orders for ADA, with a typical hold time of 126 days. Bitcoin and XRP also declined, with XRP down 3.56% and strong buy interest at 84%.

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