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 June–October rally. The Capital Markets and Technology Association (CMTA) recognized Cardano’s CIP-0113 standard as equivalent to its CMTAT framework for tokenized securities, followed by the Cardano Foundation joining the ...