Death Cross Triggers Sell Signals for Cardano Price— Will ADA Retest $0.50?

The Cardano price has struggled to regain strength following a steep correction from recent highs. ADA has slipped below key support zones, reflecting weakening short-term sentiment across the broader market. The recent bearish cross between the 50-day and 200-day moving averages has raised caution among investors. Despite minor rebounds, sellers appear dominant, with the overall trend suggesting potential further retracements. Still, some market participants believe short-term consolidations could precede fresh buying pressure in the near term.