Closely followed crypto strategist Jason Pizzino is warning Cardano holders that ADA<\/a> may witness an additional decline of over 50% even after this year\u2019s deep correction.<\/p>\n In a new strategy session, Pizzino tells<\/a> his 276,000 YouTube subscribers that regardless of the smart contract platform\u2019s fundamental growth over the past months, the charts tell him that ADA could ignite another sell-off event if it fails to hold a key support level.<\/p>\n \u201cT<\/em>he final capitulation zone: we\u2019ve looked at this between $0.17 and $0.33 for ADA and currently the lows are $0.35. <\/em>If it can\u2019t hold that $0.38, we\u2019re currently at $0.378, yes, it\u2019s going to probably trend around between this zone of $0.26 and $0.38\u2026<\/em><\/p>\n It has to get back above approximately that $0.38 to $0.40 level quite quickly. Otherwise, we\u2019re in for some more grindy time. And probably lower prices over the coming months.\u201d<\/em><\/p>\n Cardano is trading at $0.367 at time of writing. A move to Pizzino\u2019s target suggests a downside potential of more than 53% for ADA.<\/p>\n Turning to fellow smart contract protocol Solana (SOL<\/a>), the crypto analyst warns of \u201cmore trouble\u201d ahead if the Ethereum (ETH<\/a>) rival falls below the $29 price level.<\/p>\n \u201cIf it [Solana] closes below this level of about $29.80, $29.90, so $29, that\u2019s going to be a little bit more trouble and probably head towards that previous low of between $25 and $26 dollars.<\/em><\/p>\n So that\u2019s what you want to look out for, for the end-of-day close here and then also for the end-of-the-week [close] for Solana.<\/em><\/p>\n Otherwise, this is probably leaning to more towards the rest of those cryptos capitulating.\u201d<\/em><\/p>\n Solana is valued at $30.05 at time of writing.<\/p>\n Pizzino is also watching smart contract-enabled blockchain Fantom (FTM<\/a>), which he says could fall further just like \u201cmost altcoins.\u201d<\/p>\n \u201cThis thing [Fantom] has just tested new lows ($0.2062)\u2026\u00a0 I<\/em>t is looking rather weak. However, top to the current low, 94.6% down from the high\u2026<\/em><\/p>\n I think there\u2019s still a fair bit more time to go for most altcoins. And so if this was to drop a little bit further, it could go anywhere underneath that $0.10. Currently at $0.20, which means it will be another 50% down from the current price.\u201d<\/em><\/p>\n Fantom is swapping hands at $0.2085 at time of writing.<\/p>\n![\"\"](\"https:\/\/dailyhodl.com\/wp-content\/uploads\/2022\/10\/Capture-5.png\")