Cardano ADA Achieves Historic Weekly Golden Cross Amid Whale Accumulation
Cardano's ADA/USD pair has marked a significant technical milestone by forming its first-ever weekly golden cross, a bullish signal that has captured the attention of analysts and investors alike. Despite ADA's current price of $0.60 remaining below its 50-day ($0.66) and 200-day ($0.64) moving averages, the crossover of the 50-week moving average above the 200-week line suggests potential upward momentum. Analysts are closely watching the $0.64 resistance level, which, if breached, could trigger fresh buying pressure and further propel ADA's price. This development, coupled with notable whale accumulation, underscores growing confidence in Cardano's long-term prospects. As of July 11, 2025, the cryptocurrency community is keenly observing whether this technical breakthrough will translate into sustained price appreciation for ADA.
Cardano Charts First-Ever Weekly Golden Cross Amid Whale Accumulation
Cardano's ADA/USD pair has formed its first weekly golden cross in history, a technical milestone that typically signals bullish momentum. The 50-week moving average crossed above the 200-week line despite ADA's current price of $0.60 remaining below both its 50-day ($0.66) and 200-day ($0.64) moving averages.
Analysts highlight $0.64 as a critical resistance level that could trigger fresh buying pressure if breached, while $0.59 serves as key support. Whale activity has intensified, with large addresses accumulating 120 million ADA over two weeks—a potential precursor to upward price action.
The rare technical formation comes after months of sideways trading, suggesting a potential trend reversal. Traders await confirmation through decisive breaks above key EMAs and moving averages to validate the bullish pattern.
Cardano Records First-Ever Weekly Golden Cross as Whales Accumulate 120 Million ADA
Cardano has achieved a historic technical milestone with its first-ever weekly golden cross, as the 50-week moving average crossed above the 200-week line. This bullish signal coincides with significant accumulation by large holders, who have added approximately 120 million ADA tokens worth $3.3 billion over the past two weeks.
Analysts note the cryptocurrency currently trades at $0.60, below both its 50-day ($0.66) and 200-day ($0.64) moving averages. "Anyone else notice that Cardano just had its first Weekly Golden Cross ever?" remarked analyst Mr. Brownstone on social media platform X. The formation suggests potential upward momentum, though traders caution that ADA must reclaim key resistance levels to confirm the trend.
Technical analyst MasterAnanda identifies two critical thresholds: the 34-period exponential moving average and the 200-day moving average. A close above $0.64 could trigger additional buying interest, while failure to hold $0.59 may invite increased selling pressure. Price projections vary widely, with conservative estimates targeting $0.74 by August and more ambitious forecasts calling for $10 during this market cycle.
The whale activity underscores growing institutional interest in Cardano's ecosystem. This accumulation pattern, combined with the golden cross formation, paints a potentially bullish picture for ADA's medium-term trajectory.
Cardano's 2025 Outlook: Balancing Privacy Innovations and ETF Potential
Cardano (ADA) continues to carve its niche as a blockchain platform prioritizing methodical development over hype. The network's current focus on Midnight—a privacy-centric subchain—signals a strategic push toward enterprise adoption. Founder Charles Hoskinson's recent remarks highlight Cardano's eight-year uptime record, a metric increasingly valued by institutional players.
Regulatory developments may catalyze ADA's next growth phase. Flitpay analysts note pending ADA ETF applications before the SEC, while Donald Trump's purported inclusion of cardano in crypto reserves adds political dimension to its investment case. These factors converge as the project transitions from academic rigor to real-world utility.
Cardano [ADA] Shows Signs of Short-Term Rally Amid Bearish Weekly Trends
Cardano's ADA has gained 17% since early July, climbing from $0.536 to $0.626, yet the weekly chart remains bearish with lower highs and lows since December. A retest of the 78.6% Fibonacci level at $0.535 in mid-June now serves as a critical support—failure to hold could trigger a 30%-40% drop.
On the daily chart, ADA displays bullish momentum with higher lows and highs, breaking past the 50% retracement at $0.62. The RSI crossing above neutral-50 hints at further upside toward the $0.68 supply zone, but traders should remain cautious given conflicting timeframes.
