Cardano’s ADA clears $0.24 resistance but struggles below $0.26

  • ADA closed its weekly chart above multi-year resistance near $0.24 and reached $0.248.
  • ADA traded near $0.246 after a 3.19% weekly decline and 0.82% recovery, while buyers struggled at $0.26.
  • The token broke out of a downward channel earlier in September, but repeated $0.26 tests have not produced a decisive move higher.

Cardano’s ADA closed its weekly chart above a multi-year resistance zone near $0.24, with a chart highlighted by stake pool operator Sssebi showing the token reaching $0.248. ADA later traded near $0.246 after recovering 0.82% from a 3.19% weekly decline, while repeated tests of $0.26 have yet to produce a decisive breakout. The move followed ADA’s breakout from a downward price channel earlier in September and came amid discussion of a potential $2 target, although $0.26 remains the nearer technical hurdle.

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