Cardano faces death cross amid market uncertainty: key price levels

Cardano’s recent death cross indicates bearish momentum, having its MA 50 fall below the MA 200 on the hourly chart.

Currently trading at 0.424 USD, Cardano experienced a brief recovery of 2.47%. The market remains indecisive post-Fed’s interest rate cut to 3.5%-3.75%.

Price targets for Cardano stand at 0.50 USD and 0.90 USD, with support at 0.37 USD and 0.40 USD. A notable integration with Pyth Lazer is underway, enhancing market data capabilities.