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Cardano — 2026-09-28

$0.244471Down -3.74%24h

Change since the previous record

Down $0.010995 (4.30%)

Previous record
$0.255466 · 2026-09-27 14:31 UTC

View the previous record. Based on the two recorded prices; separate from the 24h change.

Research details
Confidence
MEDIUM
Status
CHANGED
Previous record source
CoinMarketCap AI (page-embedded data, automated collector)

Collector note

The commentary below quotes different figures (down 4.77% to $0.241) from the recorded price above.

CoinMarketCap AI commentary

Retained for audit context; its figures conflict with the recorded price above and it is not independently verified.

Cardano is down 4.77% to $0.241 in 24h, underperforming a broader market decline primarily driven by a technical rejection at key resistance levels. The move aligns with a macro-driven sell-off in risk assets but was amplified by coin-specific selling pressure.

  1. Primary reason: Technical rejection and breakdown from a rising wedge pattern, confirmed by high volume.
  2. Secondary reasons: Broader crypto market decline fueled by rising Treasury yields and risk-off sentiment, alongside long liquidations.
  3. Near-term market outlook: If ADA holds the $0.231–0.203 support zone, it could consolidate; a break below risks a deeper drop toward $0.19. Watch for a reclaim of the 7-day SMA near $0.2505 to signal stabilization.

Evidence

CoinMarketCap price-analysis page data: US$0.244471, -3.74% (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.