Elahi Baksh
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$ADA
đš **Cardano (ADA) Alert: Bearish "Death Cross" Signals Potential 25% Price Plunge**
Cardanoâs ADA is flashing a critical warning sign as a **"death cross"** emerges on its daily chartâa technical pattern where the 50-day moving average sinks below the 200-day moving average. Historically, this signals prolonged bearish momentum, and analysts fear ADA could plummet to **$0.50** (a 5-month low) or even test **$0.323** if selling pressure escalates.
đ **Current Snapshot**:
- **Price**: $0.67 (up 1% in 24h but down **6.4% weekly**).
- **RSI**: Neutral at 44, hinting at **weak buying momentum** and room for further declines.
đ„ **Key Risks**:
1ïžâŁ **Death Cross Fallout**: Past instances of this pattern have triggered steep corrections. A drop below $0.50 could spiral into a **25% collapse**, trapping ADA in a bearish zone.
2ïžâŁ **Macro Volatility**: Trumpâs proposed crypto tariffs and broader market uncertainty may amplify losses.
đź **Whatâs Next?**
If ADA breaches $0.50, the next major support lies at **$0.323**. Without a surge in demand, the token could stagnate in this range for weeks. Traders are advised to brace for turbulence and watch for breakdowns at key levels.
*Stay alertâthis technical storm could get worse before it gets better.* đȘïž
đš **Cardano (ADA) Alert: Bearish "Death Cross" Signals Potential 25% Price Plunge**
Cardanoâs ADA is flashing a critical warning sign as a **"death cross"** emerges on its daily chartâa technical pattern where the 50-day moving average sinks below the 200-day moving average. Historically, this signals prolonged bearish momentum, and analysts fear ADA could plummet to **$0.50** (a 5-month low) or even test **$0.323** if selling pressure escalates.
đ **Current Snapshot**:
- **Price**: $0.67 (up 1% in 24h but down **6.4% weekly**).
- **RSI**: Neutral at 44, hinting at **weak buying momentum** and room for further declines.
đ„ **Key Risks**:
1ïžâŁ **Death Cross Fallout**: Past instances of this pattern have triggered steep corrections. A drop below $0.50 could spiral into a **25% collapse**, trapping ADA in a bearish zone.
2ïžâŁ **Macro Volatility**: Trumpâs proposed crypto tariffs and broader market uncertainty may amplify losses.
đź **Whatâs Next?**
If ADA breaches $0.50, the next major support lies at **$0.323**. Without a surge in demand, the token could stagnate in this range for weeks. Traders are advised to brace for turbulence and watch for breakdowns at key levels.
*Stay alertâthis technical storm could get worse before it gets better.* đȘïž
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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