{"id":641856,"date":"2025-04-07T11:46:18","date_gmt":"2025-04-07T11:46:18","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=641856"},"modified":"2025-04-07T11:46:18","modified_gmt":"2025-04-07T11:46:18","slug":"cardano-ada-plunges-15-to-0-54-with-a-looming-death-cross-hinting-at-a-27-drop-as-new-ai-creation-platform-presale-surges-past-104k","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/sponsored\/cardano-ada-plunges-15-to-0-54-with-a-looming-death-cross-hinting-at-a-27-drop-as-new-ai-creation-platform-presale-surges-past-104k","title":{"rendered":"Cardano Price Prediction: ADA Risks 27% Drop As Death Cross Forms, While This AI-Powered Creation Platform Zooms Past $104K In Presale"},"content":{"rendered":"

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.<\/span><\/p>\n

Cardano Price: Death Cross Signals Sustained Bearish Trend<\/b><\/h2>\n

The <\/span>ADA price<\/span><\/a> 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.<\/span><\/p>\n

Recently, ADA has broken down below this channel support, suggesting a possible acceleration of the bearish move.<\/span><\/p>\n

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 <\/span>GeckoTerminal<\/span><\/a> data. These zones often represent inefficiencies that the market tends to revisit, primarily when a breakdown occurs as decisively as this one.<\/span><\/p>\n

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.<\/span><\/p>\n

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.<\/span><\/p>\n

\"Cardano
ADA\/USDT Chart Analysis Source: GeckoTerminal<\/figcaption><\/figure>\n

ADA Price Prediction: Bearish Channel Signals A 27% Drop<\/b><\/h2>\n

The Cardano price is currently bearish given the breakdown from the falling channel and the move below both major moving averages.<\/span><\/p>\n

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.<\/span><\/p>\n

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.<\/span><\/p>\n

Meanwhile, investors are piling into a new crypto presale called <\/span>SUBBD token (SUBBD)<\/span><\/a>.<\/span><\/p>\n

\n

Spotted: a shiny new token making its debut – and no, it’s not just another coin with a cute name.$SUBBD<\/a> presale is now officially live. ✨<\/p>\n

And between us? Early buyers don’t just get perks… they get power.<\/p>\n

You know where to find it.
🔗 https:\/\/t.co\/8yAMjVQD5E<\/a> pic.twitter.com\/g33ipi9kp2<\/a><\/p>\n

— SUBBD (@SUBBDofficial) April 3, 2025<\/a><\/p><\/blockquote>\n