At 9:56 p.m. ET Sunday (02:56 UTC Monday, Nov. 2), Cardano (ADA) traded at $0.1927, up 0.29% over 24 hours, according to CoinGecko spot data. That put ADA below the $0.21 boundary cited in a chart scenario attributed to analyst Ali Martinez.
Martinez's setup identifies $0.17 as a possible lower level if ADA records a daily close below the $0.21 lower edge of a rising channel. The distinction matters because the current figure is a point-in-time spot quote: trading below the line at 02:56 UTC does not by itself show a completed daily close below it.
EconoTimes previously outlined Martinez's $0.17 level and its daily-close condition, reporting ADA at $0.2086 at 4 a.m. ET Saturday, Oct. 31 (08:00 UTC), down 3.49% over the previous 24 hours.
