Cardano (ADA) Nears First 2026 Weekly Death Cross: What's Next?

A signal appears to be forming on the Cardano weekly chart that traders can't quite ignore. The MA 50 and 200 have converged on the weekly timeframe and may cross in the coming weeks. If the 50 WMA dips below the 200 WMA, a death cross will print on the weekly chart. A golden cross, generally treated as a bullish signal, forms when the MA 50 crosses above the MA 200. The weekly MA 50 is curling downward and is on track to slide below the MA 200 in the coming weeks, raising the odds of a death cross signal.

The last time Cardano printed a death cross on its weekly chart was December 2022. That cross came after months of selling and followed $ADA's all-time high of close to $3 in September 2021. After the death cross, $ADA traded sideways for several months — which, in hindsight, may have marked a bottom.

Seasoned traders tend to treat crossovers as lagging indicators. Case in point: $ADA's price barely budged to $1.02 shortly after a golden cross appeared on Cardano's weekly chart in July 2025. That modest rally was promptly met with selling, which has not let up.

Cardano sinks to multi-year lows

Cardano slipped to a low of $0.148 — a level last seen in December 2020 — dragged down by week-long selling across the broader crypto market and lingering concerns within the Cardano ecosystem. Founder Charles Hoskinson has warned of failures across the crypto space amid the current bear market. "We stand at a precipice as an ecosystem," Hoskinson said in a video, adding that he wasn't leaving, despite having earlier announced he was "taking a break." Oversold readings are starting to show up across Cardano's momentum indicators, though there is still no convincing evidence of a sustained reversal. If history repeats and Cardano confirms a bottom in the aftermath of the death cross, $ADA will set its sights on a return to the $0.2 and $0.3 levels. If declines persist, support is expected in the $0.1 range.