Update
Cardano Signals Caution with Death Cross
Cardano (ADA) has completed a death cross on its 2-hour charts, with the 50-day moving average falling below the 200-day moving average. This pattern suggests a short-term bearish outlook. The price dropped from a high of $0.283 to $0.224 over the past week, finding support and rallying back to $0.259 before retreating. The death cross alone does not confirm a deeper decline, as the key question is whether ADA will continue to sell or recover enough to invalidate the bearish setup. Major resistance is expected near $0.29, while support is at $0.227 and $0.213. The Cardano Foundation is also teaching the course at the University of Nicosia and sponsoring places for the Advanced Track, marking another step in Midnight's growing presence in Japan with the listing of NIGHT on OKCoin Japan starting October 13, 2026.