Cardano (ADA) is edging closer to a technical milestone that could signal bearish momentum—a death cross. Currently priced at $0.6484, ADA has fallen 7.67% over the past week and 2.45% in the last 24 hours, prompting concerns among traders and analysts.
Death Cross Looms Over Cardano
Technical indicators show that ADA’s 50-day simple moving average (SMA), now at $0.7400, is on track to cross below the 200-day SMA, currently at $0.7340. This crossover—known as the death cross—is typically viewed as a bearish signal, historically followed by extended downtrends. Analysts warn that if the death cross confirms, ADA could drop another 25% from its current levels.
However, it’s important to note that death crosses don’t always guarantee a price crash. According to experts, other market dynamics—including investor sentiment, macroeconomic conditions, and blockchain developments—can influence ADA’s next move.
Also Read: Cardano (ADA) Faces Continued Bearish Pressure as Whales Offload 120 Million ADA
Market Sentiment and Declining Volume
Cardano’s trading volume has also plunged, with a 58.72% drop in 24-hour volume, now sitting just below $394 million. This decline signals waning investor interest, a typical trend when confidence in price direction weakens.
After peaking at $1.19 in March 2025, ADA has struggled to maintain momentum, especially amid broader market uncertainty. Still, some bullish sentiment remains, fueled by recent announcements from Charles Hoskinson, Cardano’s co-founder.
Hope on the Horizon?
In a notable development, Ripple’s RLUSD stablecoin is set to launch on the Cardano blockchain, signaling growing DeFi integration. Hoskinson also hinted at Cardano’s potential involvement in Bitcoin DeFi, which could reinvigorate interest in ADA.
Price Outlook: Bounce or Breakdown?
Crypto analyst Seth Fin identifies support around $0.6000–$0.6500 and resistance at $0.7000–$0.7500. If ADA holds support, a bounce is possible. But if it breaks below, ADA could slump further toward the $0.3000–$0.4000 range.
#Altcoins subscriber request.$ADA 3D RSI not fully at the levels of past bottoms. Possible retest of the red MA which price respected before.
— Seth (@seth_fin) April 5, 2025
That red line is ATM at $0.48!
Not financial advice DYOR! https://t.co/AfCtGG82yR pic.twitter.com/PB289yY3DO
As Cardano approaches its first death cross of 2025, the coming days will be crucial in determining whether ADA reverses course—or sinks further.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
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