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The Cardano price plunged 15% in the last 24 hours to trade at $0.54 as of 4:39 a.m. EST on a 202% pump in trading volume to $1.2 billion.
Cardano Price: Death Cross Signals Sustained Bearish Trend
The ADA price is currently displaying a clear bearish trend on the daily chart. After peaking above $1.20 earlier in the year, the Cardano price entered a downward-sloping channel, forming consistent lower highs and lower lows.
Recently, ADA has broken down below this channel support, suggesting a possible acceleration of the bearish move.
A key structure on the chart is the Fair Value Gap (FVG) zone between approximately $0.38 and $0.31, which could act as a magnet for price if downward momentum continues, according to GeckoTerminal data. These zones often represent inefficiencies that the market tends to revisit, primarily when a breakdown occurs as decisively as this one.
The 50-day Simple Moving Average (SMA) is at $0.7315, and the 200-day SMA is at $0.7359, both above the current Cardano price of $0.5401. This alignment indicates bearish momentum, especially with the recent death cross (when the 50-day SMA fell below the 200-day SMA), confirming a longer-term bearish trend.
Moreover, the Relative Strength Index (RSI) is at 31.21, which is approaching oversold territory. While this could imply a short-term relief bounce, it more often reflects strong bearish pressure in trending markets.
ADA Price Prediction: Bearish Channel Signals A 27% Drop
The Cardano price is currently bearish given the breakdown from the falling channel and the move below both major moving averages.
The price of ADA is now targeting the FVG zone around $0.38, a potential drop of around 27% from current levels. This area may serve as a support region where buyers could step in, especially if RSI dips further into oversold territory.
If the price reclaims $0.60 and manages to close above the 50-day SMA, the bearish outlook may weaken, pushing the price of Cardano to the $0.73 resistance.
Meanwhile, investors are piling into a new crypto presale called SUBBD token (SUBBD).
Spotted: a shiny new token making its debut – and no, it’s not just another coin with a cute name.$SUBBD presale is now officially live. ✨
And between us? Early buyers don’t just get perks… they get power.
You know where to find it.
🔗 https://t.co/8yAMjVQD5E pic.twitter.com/g33ipi9kp2— SUBBD (@SUBBDofficial) April 3, 2025
New AI-Powered Crypto Content Platform Raises $101K In 4 Days
A new AI-powered premium content creator platform, SUBBD, is setting out to revolutionize the $85 billion creator-subscriber industry by launching its crypto – the $SUBBD token.
The $SUBBD presale has already raised over $104k from eager investors in less than 4 days.
As the first AI-integrated crypto creator/subscription platform, SUBBD solves the main problems that users are confronting. Fans want to get closer to creators, while creators want to spend more time creating and less time managing.
SUBBD aims to be the ultimate AI-powered content creation platform, offering creators, fans, and AI-driven influencers a seamless way to interact, generate revenue, and engage with tokenized content.
Built on Ethereum and powered by the SUBBD token, it combines powerful AI features, transparent rewards, and Web3 utility – all while removing the middleman.
Asked the devs if I could accept crypto. They said, “You already do.”
No banks. No begging. No names.
Just tap, pay, unlock – like nothing ever happened. 🤫
SUBBD is built for quiet transactions and loud content. pic.twitter.com/sSjMINjnnT
— SUBBD (@SUBBDofficial) March 31, 2025
SUBBD token holders also have an opportunity to earn passively through the project’s staking platform, which offers a 20% annual percentage yield (APY). Investors have already staked more than 1.1 million tokens.
Anyone interested in participating in the presale can visit the official SUBBD website to buy SUBBD tokens for $0.0551 each using crypto or a bank card.
Buy before a price hike in about 2 days to lock in the best price
Visit the SUBBD token website.
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