Two market commentators outlined lower chart levels for Cardano (ADA) ahead of its Oct. 21 price snapshot at $0.2243, including one scenario that depends on a daily close below $0.21.
In a post, crypto analyst Crypto Tony put $0.19 on his chart as a possible downside marker after ADA struggled to move above resistance around $0.23. In a separate post, market commentator Ali Martinez put the lower edge of a rising channel in his chart at $0.21 and pointed to a bearish turn in the SuperTrend indicator.
Martinez's $0.17 level applies if ADA finishes a day below that channel line. Tony's $0.19 outlook comes from a different chart setup and has no such closing condition. At the Oct. 21 snapshot, ADA had gained 3.79% over 24 hours, while it remained 4.44% lower over seven days and 3.7% lower for the month.
The update follows EconoTimes' Oct. 20 Cardano threshold snapshot. The next indicator in Martinez's analysis is a daily close below $0.21; no scheduled decision was cited.
