Cardano (ADA) Nears Its First Death Cross — Is a Price Plunge Coming?

Jakarta, Pintu News – Cardano (ADA) is approaching a critical phase that might change the crypto’s price momentum. Currently, Cardano’s price stands at $0.6484, showing a decline of 2.45% in the last 24 hours.

Technical indicators suggest that Cardano may experience its first “death cross” in 2025, a signal that is often considered bearish.

Check out the full analysis here!

Technical Indicators Show Bearish Momentum

Cardano’s recent price analysis shows that the 50-day simple moving average (SMA) will likely drop below the 200-day SMA in the coming days. This event, known as a death cross, is usually interpreted as a bearish signal.

If the death cross occurs, it is estimated that the price of ADA could drop by about 25%. The 50-day SMA is $0.74, while the 200-day SMA is $0.734. The decline in the 50-day SMA shows that Cardano’s short-term momentum is weaker than its long-term trend. Although death crosses often lead to further price drops, the extent can vary.

Read also: DOGE Price Prediction (7/4/25): At the Critical Threshold of $0.17, What is the Price Movement?

Recent Price Trends and Market Conditions

In the past week, the price of ADA has significantly declined by 7.67%. Cardano has struggled to maintain its momentum after peaking at $1.19 in early March 2025, especially as broader market concerns affect investor sentiment.

In addition, Cardano’s trading volume also decreased, with a decline of 58.72%, and only about $394 million was traded in the last 24 hours. A decrease in trading volume usually indicates that there is less market interest or demand for ADA.

Read also: Crash 14.19%, What is the Price of 1 DOGE Today (7/4/25)?

Positive Development and Recovery Potential

Despite facing challenges, Cardano has some positive developments. Charles Hoskinson, co-founder of Cardano, recently confirmed that the Ripple (XRP) stablecoin RLUSD will be launched on the Cardano network. This news was met with optimism, sparking interest in ADA.

Hoskinson also hinted at Cardano’s possible role in the Bitcoin (BTC) decentralized finance (DeFi) ecosystem. This announcement could help Cardano regain momentum, but technical indicators suggest caution for now.

Conclusion

Faced with an approaching death cross, the main question is whether the price will continue to decline or there will be a reversal. The chart shows a consolidation pattern, with price fluctuations of ADA within certain support and resistance zones.

According to crypto analyst Seth Fin, strong support is seen in the range of $0.6000-$0.6500, while resistance is near $0.7000-$0.7500. If ADA fails to break resistance, the price may continue to decline towards this support zone.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• Coingape. Cardano Approaching First Death Cross, What’s Next for ADA Price. Accessed on April 7, 2025
• Featured Image: Bitcoinsensus