Cardano News Today: Cardano's Death Cross Dilemma: Can ADA Survive the $0.50 Abyss?

Cardano (ADA) faces a critical juncture as its price nears a potential retest of the $0.50 level amid a bearish technical formation known as a "death cross." The cryptocurrency has formed a bearish death cross pattern, where the 50-day moving average has crossed below the 200-day moving average, signaling a possible continuation of its downward trend. Analysts warn that if ADA fails to hold key support levels, it could drop below $0.50, a threshold that has historically triggered significant rebounds in the past, according to a Coinpedia analysis. The coin has already weakened from its September high of $1.019 to a low of $0.4910 earlier this month, as noted in a Crypto News report, raising concerns about further capitulation in a market already grappling with low liquidity, as Coinpedia analysis noted.

The bearish sentiment is compounded by on-chain data showing aggressive selling by both whale and retail investors. Santiment analysis reveals that Cardano whales have accumulated 348 million ADA tokens this week, valued at over $200 million, as reported by Yahoo Finance, suggesting a mix of panic selling and strategic accumulation. Despite this, the Fear and Greed Index remains near fear territory at 31/100, according to the Coinpedia analysis, reflecting widespread anxiety ahead of the U.S. government's re-opening-a-typical "sell-the-news" event in crypto markets. Meanwhile, the lack of clarity on Cardano ETF applications due to the SEC's delayed regulatory process has further dampened investor confidence, as Yahoo Finance reported.

In a bid to boost ADA's utility, Emurgo, Cardano's commercial arm, has partnered with Wirex to launch the first-ever "Cardano Card," a Visa-branded crypto debit card. The card, unveiled at the Cardano Summit 2025 in Berlin, allows users to spend ADA and over 685 cryptocurrencies globally, as detailed in a Yahoo Finance report. This initiative aims to bridge traditional finance (TradFi) and blockchain by integrating Wirex's financial ecosystem, including yield-generating accounts and DeFi loans, according to a Crypto News article. While the partnership is hailed as a "major milestone" for Cardano's global adoption, as PR Newswire reported, the blockchain still lags behind Ethereum and Solana in DeFi activity. Despite a 30% on-chain growth in Q3 2025, as Yahoo Finance reported, Cardano's total value locked remains negligible compared to its peers, as Crypto News report noted.

Technical indicators paint a mixed picture. While the RSI and MACD suggest fading bearish momentum, according to a FXStreet analysis, the inverse cup-and-handle pattern on the daily chart hints at further downside. Charles Hoskinson, Cardano's founder, is banking on two upcoming upgrades—Leios and Midnight—to revitalize the ecosystem. Leios, set to introduce parallel processing, could boost throughput by 30-50x, as reported in a Crypto News report, while Midnight, a zero-knowledge sidechain, aims to attract developers with interoperability and security features, also as reported in that Crypto News report. However, skeptics question the feasibility of these plans, noting Hoskinson's history of unmet promises, such as delayed partnerships with Chainlink and SpaceX, as Crypto News report noted.

The broader crypto market's reliance on AI-driven stocks and global liquidity conditions also weighs on ADA. As investors shift capital to AI-focused equities, Cardano's rally may depend on the Federal Reserve's upcoming quantitative easing measures, according to the Coinpedia analysis. For now, ADA traders remain split: some see the $0.50 level as a potential catalyst for a rebound to $0.70, as Coinpedia analysis suggested, while others fear a 50% drop if bearish momentum persists, as Crypto News report reported.