Cardano Weekly Chart Puts $3 in View After CMTA Recognition, but ADA Must Break Its Descending Channel

thecryptobasic2026-11-02 13:40:50

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Cardano Weekly Chart Puts $3 in View After CMTA Recognition, but ADA Must Break Its Descending Channel

Cardano remains trapped inside a long-running descending channel on the weekly chart, leaving ADA with an important technical hurdle before higher levels at $0.41, $0.78, $1.18, and eventually $3 can come into play. The setup arrives as Cardano gains a new institutional credential.

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