Cardano Unconventional Rebound: Defying the Death Cross
Cardano Unconventional Rebound: Defying the Death Cross In a surprising turn of events, a “death cross” recently appeared on Cardano’s (ADA) hourly chart. This technical pattern, formed when a short-term moving average (typically the 50-hour MA) crosses below a long-term moving average (like the 200-hour MA), is usually a precursor to sustained bearish momentum. However,…