Cardano Signals Hourly Death Cross as Price Hovers Near $0.26

Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. Cardano completed a "death cross" on its hourly chart as the crypto market faced fresh selling pressure early Monday, with $343 million in total liquidations. Advertisement Cryptocurrencies are under pressure as the rebound on Sunday faded, leaving traders awaiting direction from traditional markets. Over $343 million in leveraged bets have been liquidated in the last 24 hours according to CoinGlass data, with long positions accounting for most of this $217 million. Cardano , alongside major cryptocurrencies fell, reaching a low of $0.269 before slightly rebounding. HOT Stories XRP Yield Risks Explained by XRPL Contributor, Schiff Acknowledges Satoshi's Innovation With Bitcoin, Six Macro Events to Define Crypto Market This Week: Morning Crypto Report Ethereum’s Massive Slump Continues With Sixth Straight Red Month This price action has produced a death cross on ADA hourly chart, with the MA 50 falling below the MA 200, indicating a crossover. Advertisement ADA/USD Hourly Chart, Image By: TradingView The crypto market has returned to the middle of a trading range that has continued since the start of February. Cardano is currently trading midway of its range, having traded sideways between $0.22 and $0.31 since February's start. A break above or below these key levels might suggest the next price direction. You Might Also Like Fri, 02/27/2026 - 12:57 Cardano (ADA) Hit With 45% Volume Drop: Is This End of Recovery? By Arman Shirinyan On the economic data front, investors are looking ahead to several important releases on Friday, including February’s jobs report, retail sales figures for January and February’s unemployment figures. Advertisement Cardano advances hard fork preparation According to a recent update provided by Intersect with respect to Cardano's intra-era hard fork to protocol 11, SanchoNet has been upgraded to the newly released Cardano node, allowing Protocol Version 11 features to be tested. Updated Plutus cost models are being readied for rollout across networks. Cardano Node 10.7.0 release is targeted within one-to-two weeks. This release is the mainnet hard-fork-ready candidate release, which is the expected integration point for ecosystem tooling. You Might Also Like Thu, 01/29/2026 - 14:51 Cardano Drops 2026 Hard Fork Update: What to Expect? By Tomiwabold Olajide As part of the upgrade, all Plutus cost models will be updated. This is to add costing for new Plutus built-ins as well as to enable Plutus built-in consistency across all Plutus versions. Intersect’s Parameters Committee is reviewing the final cost model values and these changes will be enacted, pending approval via governance actions across all networks. Protocol Version 11 brings better error reporting for script data hash mismatches, known as PPVHashMismatch. In Protocol Version 11, expected hashes will be returned along with PPVHashMismatch errors. #Cardano News #Cardano #Cardano Price Prediction