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Cardano News Update: Cardano Faces Death Cross Challenge—Will ADA Withstand the $0.50 Plunge?

Cardano News Update: Cardano Faces Death Cross Challenge—Will ADA Withstand the $0.50 Plunge?

Bitget-RWA2025/11/13 01:46
By:Bitget-RWA

- Cardano (ADA) forms a bearish death cross as price nears $0.50, with analysts warning of potential 50% declines if key support fails. - Whale selling and fear index at 31/100 highlight panic, while SEC delays on ETFs and low DeFi activity worsen investor uncertainty. - Emurgo partners with Wirex to launch ADA Visa card, aiming to boost utility but lagging behind Ethereum/Solana in DeFi adoption. - Upcoming Leios/Midnight upgrades promise 30-50x throughput gains, yet skeptics cite founder Charles Hoskinso

Cardano (ADA) is at a pivotal point as its price approaches the $0.50 mark, with a bearish "death cross" pattern emerging on its chart. This technical setup, where the 50-day moving average dips below the 200-day moving average, often signals a prolonged downward trend. Experts caution that if

cannot maintain crucial support, it risks falling under $0.50—a level that has previously sparked strong recoveries, according to a . The asset has already slid from its September peak of $1.019 to a recent low of $0.4910, as highlighted in a , fueling worries about further declines in a market already challenged by thin liquidity, as observed.

Bearish pressure is intensified by blockchain data indicating heavy selling from both large holders and retail traders. According to Santiment,

whales have acquired 348 million ADA this week—worth over $200 million—per , pointing to a blend of panic selling and calculated buying. Despite this, the Fear and Greed Index remains low at 31/100, as reported by , reflecting persistent unease ahead of the U.S. government's reopening—a classic "sell-the-news" scenario in crypto. Uncertainty around Cardano ETF filings, due to ongoing SEC regulatory delays, has further eroded investor sentiment, as noted.

To enhance ADA's real-world use, Emurgo, Cardano's business branch, has teamed up with Wirex to introduce the first "Cardano Card," a Visa crypto debit card. Debuted at the Cardano Summit 2025 in Berlin, this card enables spending of ADA and over 685 other cryptocurrencies worldwide, according to a

. The collaboration aims to connect traditional finance and blockchain by leveraging Wirex's ecosystem, which features yield accounts and DeFi lending, as detailed in a . While this is seen as a "significant achievement" for Cardano's global reach, as stated, Cardano still trails behind and in DeFi participation. Even with a 30% increase in on-chain activity in Q3 2025, as reported, Cardano's total value locked remains minor compared to competitors, as pointed out.

Technical signals offer a mixed outlook. The RSI and MACD indicate that bearish

may be weakening, according to a , but the daily chart's inverse cup-and-handle pattern suggests more downside is possible. Cardano founder Charles Hoskinson is counting on two major upgrades—Leios and Midnight—to rejuvenate the network. Leios, which will introduce parallel processing, could increase throughput by 30-50 times, as mentioned in a , while Midnight, a zero-knowledge sidechain, is designed to attract developers with enhanced interoperability and security, also according to that . Still, critics remain skeptical, citing Hoskinson's track record of missed deadlines, such as postponed collaborations with and SpaceX, as noted.

Broader market trends, including the shift toward AI-related stocks and global liquidity factors, also impact ADA's outlook. As investors allocate more funds to AI equities, Cardano's price movement may hinge on the Federal Reserve's next round of quantitative easing, according to the

. Currently, ADA traders are divided: some anticipate a rebound to $0.70 if the $0.50 support holds, as suggested, while others warn of a potential 50% drop if bearish trends continue, as reported.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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