Cardano Price Faces a $0.21 Test After a 27% Retreat
Photo: Coindoo
ADA traded at $0.205 on October 26 at 16:20 UTC, up 0.69%, or $0.0014, on the Binance ADA/USDT daily chart . The session ranged from $0.2005 to $0.2082, with volume at 50.7 million ADA and the daily candle still open. Key Takeaways ADA is approximately 27.1% below its October high. The decline remains inside a descending parallel channel. Price is below all three moving averages, leaving recovery unconfirmed. The pullback could still form a base within the larger rally Cardano advanced from around $0.137 to $0.28 before reversing into the blue descending channel.
Source: Coindoo
