Cardano Breaks Key Resistance With Golden Cross
Cardano breaks major resistance and forms golden cross — could another big rally be coming?
- Cardano has broken a resistance line dating back to December
- A 9/21 MA golden cross has formed, signaling bullish momentum
- The last similar pattern led to a 236% price rally
Cardano ($ADA) just made a powerful technical move that has caught the attention of traders and analysts. After months of sideways action, ADA has finally broken through a key resistance level that dates back to December. Even more significantly, the 9-day moving average has just crossed above the 21-day moving average — forming what’s known as a golden cross, a classic bullish indicator.
This setup suggests a potential shift in market momentum and could signal the beginning of a stronger uptrend. While golden crosses don’t always guarantee a rally, they’re often seen as reliable signs of growing investor confidence.
Looking Back: What Happened Last Time?
The crypto community has good reason to be excited. The last time Cardano formed a similar golden cross setup, the price jumped an impressive 236%. While history doesn’t repeat itself perfectly, similar technical conditions often lead to similar price movements, especially in speculative markets like crypto.
The current setup is creating speculation that ADA could be preparing for another major move. If volume continues to rise and market sentiment remains strong, traders could see the price test previous highs in the coming weeks.
What’s Next for Cardano?
Now that Cardano has broken past a long-standing resistance and printed a bullish crossover, the next few days are crucial. Watch for confirmation through higher volume and continued strength above the breakout zone.
With the broader crypto market also showing signs of recovery, ADA could benefit from renewed investor interest. Whether or not we see another 236% surge, the technical signals are undeniably bullish — and the market will be watching closely.
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