Cardano Faces ‘Death Cross’ Imminent: What Does This Mean for the Future?

Cardano, the ninth-largest cryptocurrency by market capitalization, is approaching a significant technical indicator known as a ‘death cross’. As per analysts, this pattern suggests a potential bearish trend for the crypto asset. 2025 could see Cardano’s death cross if its 50-day Simple Moving Average (SMA) falls below its 200-day SMA. This would mark the first such event in 2025. The impending crossover is expected to occur soon, with current data showing the 50-day SMA at $0.74, potentially crossing below its 200-day SMA at $0.734.