Cardano Falls 5.41% to Pivot Point at $0.24 as MACD Histogram Flattens
Blockchain.News reports Cardano dropped 5.41% to $0.24, hitting its pivot point with a flat MACD histogram signaling bearish momentum.
Why it matters
The flat MACD histogram at the pivot point suggests the prior bullish impulse has fully unwound, while the asset's position above the 200-day SMA indicates the multi-month trend has not broken down. The next directional move will depend on whether the histogram turns negative or positive from zero.
Key facts
Cardano lost 5.41% in the 24-hour session to 07:00 UTC on October 9, 2026
5.41 %Reported by Blockchain.News
ADA settled at $0.24 on Binance spot
0.24 USDReported by Blockchain.News
The session printed a range of $0.22 to $0.26
Reported by Blockchain.News
The calculated pivot point is $0.24
0.24 USDReported by Blockchain.News
Immediate resistance sits at $0.26 and immediate support at $0.22
Reported by Blockchain.News
The EMA 26 sits at $0.24
0.24 USDReported by Blockchain.News
SMA 7, SMA 20, and EMA 12 cluster at $0.25 and now form overhead resistance
0.25 USDReported by Blockchain.News
ADA remains above SMA 50 at $0.23 and SMA 200 at $0.21
Reported by Blockchain.News
What happened
Blockchain.News reported that Cardano lost 5.41% in the 24-hour session to 07:00 UTC on October 9, 2026, settling at $0.24 on Binance spot. That closing level coincides with the calculated pivot point of $0.24, placing the asset between immediate resistance at $0.26 and support at $0.22. The EMA 26 also sits at $0.24, while three short-term averages — SMA 7, SMA 20, and EMA 12 — cluster at $0.25 and now act as overhead resistance. Longer-term structure remains intact with ADA above the SMA 50 at $0.23 and SMA 200 at $0.21. The RSI(14) reads 49.75, while the MACD line and signal line both stand at 0.0075 with a histogram of exactly 0.0000, which the outlet characterizes as bearish momentum.
How the story developed
- First report
First report by Blockchain.News
ADA Price Prediction: Pivot Test After a 5% Flush — Flat MACD Meets a Derivatives Surge
- Update
Initial technical analysis published
Blockchain.News publishes ADA price analysis showing 5.41% drop to pivot point with flat MACD histogram
How coverage built up
Independent sources over time, counted the way the consensus panel counts them: a republication of a wire story does not move the line.
- 9 Oct 2026, 07:38 UTC: Blockchain.News — 1 independent source, 1 reports
- 10 Oct 2026, 10:17 UTC: Blockchain.News — 2 independent sources, 2 reports
Affected entities
Original sources
| Publisher | Report | Role | Published |
|---|---|---|---|
| Blockchain.News Crypto media | ADA Price Prediction: Pivot Test After a 5% Flush — Flat MACD Meets a Derivatives Surge | Original | |
| Blockchain.News Crypto media | TON Price Prediction: Flat MACD and an Elevated Funding Rate Signal a Market in Stasis | Syndicated |