Cardano, the ninth-largest cryptocurrency, is approaching its first death cross in 2025 as indicated by its 50-day SMA of 0.74 USD declining towards the 200-day SMA of 0.734 USD.
The price of Cardano has dropped from a high of 1.19 USD, currently trading at 0.647 USD, showing a slight recovery after dipping on April 2, 2025.
While the death cross may suggest bearish momentum, it is not always a reliable predictor of price movements. The last cross in May 2024 led to a significant decline in ADA’s price.
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