Cardano’s ADA Briefly Falls Below $0.22, Then Trades Above It

Cardano’s ADA briefly slipped below $0.22 before trading back above that level early Thursday, putting the lower edge of a nearby technical support zone under pressure.

At 1:20 a.m. ET (05:20 UTC) Thursday, Oct. 15, ADA traded at $0.221741, down 5.77% over 24 hours. It had touched $0.2182302 during the period, with a high of $0.2377092.

That snapshot put ADA back above $0.22, while the 24-hour low showed it had traded beneath the level. The quoted price remained below the $0.26–$0.28 range in the recovery setup.

Giannis Andreou’s Oct. 14 setup marked $0.22–$0.24 as a zone to hold and made $0.2910 conditional on first reclaiming $0.26–$0.28. “Hold this zone and reclaim $0.26–$0.28, and $0.2910 becomes the key breakout test,” Andreou wrote.

An Oct. 9 ADA market update also identified $0.22 as immediate support.