
Cardano Drops Below Key Support as Price Nears Oversold Zone
Key Highlights Cardano ($ADA) broke beneath its two-month ascending summer channel, losing key moving averages and trading near $0.192 after giving up nearly two-thirds of its JuneโOctober rally. The Capital Markets and Technology Association (CMTA) recognized Cardanoโs CIP-0113 standard as equivalent to its CMTAT framework for tokenized securities, followed by the Cardano Foundation joining the ...


