Cardano — 2026-09-24
$0.240576Down -3.04%24h
Change since the previous record
Down $0.007708 (3.10%)
- Previous record
- $0.248284 · 2026-09-23 14:02 UTC
View the previous record. Based on the two recorded prices; separate from the 24h change.
Market commentary
CoinMarketCap AI commentary (attributed, not independently verified)
Cardano is down 6.00% to $0.240 in the past 24h, underperforming a broader market pullback, primarily driven by a technical rejection after a sharp rally. The move looks more consistent with profit-taking at a key resistance level rather than a new negative catalyst.
- Primary reason: Technical rejection and profit-taking after ADA's price was rejected at the $0.262 resistance level following a 60% rally over six weeks.
- Secondary reasons: Broader market weakness, with Bitcoin down 2.59% and total crypto market cap down 2.46%, adding selling pressure.
- Near-term market outlook: If ADA holds above the 200-day EMA support near $0.224, it could attempt another run at $0.262; a break below risks a deeper correction toward $0.208.
Research details
- Confidence
- MEDIUM
- Status
- CHANGED
- Previous record source
- CoinMarketCap AI (page-embedded data, automated collector)
Evidence
CoinMarketCap price-analysis page data: US$0.240576, -3.04% (24h). Analysis title: "Latest Cardano (ADA) Price Analysis".
Verification notes
Price and 24h change were read directly from CoinMarketCap's own page data (not cross-checked against an independent feed). CMC AI's analysis text is attributed commentary, not independently verified fact; catalyst/causal claims within it require separate confirmation before being treated as fact.
Why it matters
Tracks Cardano's latest price move and CoinMarketCap AI's own stated reasoning, without independent cross-verification against a second price feed.