Cardano death cross on the 4-hour chart signals increased downside risk after a sharp price drop; over $855 million in crypto liquidations occurred in the last 24 hours, intensifying bearish pressure while Ouroboros Leios upgrades offer longer-term throughput gains.
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Cardano formed a 4-hour death cross, implying possible continued decline.
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More than $855 million in market liquidations occurred in 24 hours, with longs hit hardest.
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Ouroboros Leios (Leios Lite) promises a 30–55x throughput uplift for Cardano’s scalability.
Cardano death cross: Price drop, $855M liquidations, and Leios upgrade — read support, resistance and outlook.
What is the Cardano death cross and why does it matter?
The Cardano death cross is a technical pattern where a short-term moving average crosses below a longer-term moving average, indicating increasing bearish momentum. On the 4-hour chart this formation suggests heightened downside risk for Cardano price in the near term and warrants close monitoring of support levels.
How severe were recent Cardano losses and market liquidations?
Cardano fell from $0.888 on Monday to $0.788, with a weekly range from $0.937 (Sept 19) to $0.754 low on Thursday. The broader crypto market experienced over $855 million in liquidations in the last 24 hours, with long positions accounting for roughly $721.54 million and shorts about $133.22 million (source: CoinGlass, stated as plain text).
Support and resistance: Where could Cardano stabilize?
Short-term resistance is seen at $0.86, with a stronger barrier near $0.94. On the downside, immediate support is expected at $0.735, a level that could determine whether the recent downtrend continues or consolidates.
| Metric | Value |
|---|---|
| Recent high | $0.937 (Sept 19) |
| Recent low | $0.754 (Thursday) |
| Immediate support | $0.735 |
| Immediate resistance | $0.86 |
| 24h market liquidations | $855M (Longs: ~$721.54M, Shorts: ~$133.22M) |
Technical traders should watch the short-term moving averages and volume for confirmation. A sustained close below $0.735 on elevated volume would reinforce bearish conviction. Conversely, a reclaim of $0.86 with supportive liquidity could trigger relief rallies toward $0.94.
Source: TradingView
How will Ouroboros Leios affect Cardano’s scalability?
Ouroboros Leios, led by Input Output, targets major throughput improvements. The first rollout, Leios Lite, is projected to deliver a 30–55x throughput increase, which could materially improve transaction capacity and network efficiency once fully deployed.
What comes next after Leios?
Future phases point to Ouroboros Omega, which founder Charles Hoskinson describes as incorporating adaptive security and efficient storage. These enhancements aim to address scalability, interoperability, and governance—factors that support Cardano’s long-term utility despite near-term price volatility.
Frequently Asked Questions
How much was liquidated in the last 24 hours?
Over $855 million was liquidated across the crypto market in the last 24 hours, with approximately $721.54 million from long positions and $133.22 million from shorts (CoinGlass data cited as plain text).
How does Leios Lite improve Cardano’s performance?
Leios Lite is expected to increase throughput by 30–55x, which should reduce congestion and improve transaction throughput when fully integrated into Cardano’s stack.
Key Takeaways
- Death cross signal: Cardano’s 4-hour death cross suggests near-term bearish momentum.
- Market stress: $855M+ in liquidations amplified volatility and downside pressure.
- Upgrade tailwind: Ouroboros Leios (Leios Lite) offers significant throughput gains that support long-term fundamentals.
Conclusion
Cardano’s technical setup currently favors caution as the 4-hour death cross and broad market liquidations increase downside risk. However, ongoing protocol work—most notably Ouroboros Leios and the future prospects of Ouroboros Omega—provides an important structural growth narrative. Monitor $0.735 and $0.86 for near-term direction and consider fundamentals alongside technical signals. COINOTAG will continue to track developments and protocol progress.
