Cardano ADA: Whale Accumulation and Golden Cross Signal Major Bullish Momentum
Cardano (ADA) is making waves in the cryptocurrency market as it achieves a significant technical milestone—its first-ever weekly golden cross. This rare formation, where the 50-week moving average surges above the 200-week line, has been identified by analyst Mr. Brownstone as a historically bullish indicator. The golden cross signals strengthening shorter-term momentum, often preceding substantial price rallies. Adding to the bullish sentiment, large holders, often referred to as whales, have aggressively accumulated 120 million ADA tokens over the past two weeks. This accumulation underscores growing confidence among institutional and high-net-worth investors in Cardano's long-term potential. The combination of technical indicators and whale activity suggests that ADA could be poised for a significant upward movement. As of July 2025, the cryptocurrency community is closely watching Cardano's next steps, with many anticipating a breakout. This development highlights Cardano's resilience and its ability to attract serious investment, even in a volatile market. Investors and traders alike are keeping a close eye on ADA, as the golden cross and whale accumulation could herald the start of a new bullish phase for the asset.
Cardano (ADA) Price: Whale Accumulation Sparks Rally as Golden Cross Emerges
Cardano has marked a significant technical milestone with its first-ever weekly golden cross, as the 50-week moving average surged above the 200-week line. This rare formation, identified by analyst Mr. Brownstone, signals strengthening shorter-term momentum—a historically bullish indicator for asset prices.
Large holders have aggressively accumulated 120 million ADA tokens over the past fortnight, amassing a $3.3 billion position. Exchange outflows now exceed deposits, revealing a pronounced shift toward long-term holding strategies among investors.
Despite ADA's 12% monthly decline and sideways trading NEAR $0.58, market dynamics suggest brewing upside potential. Negative funding rates across major platforms create conditions ripe for a short squeeze, while annual trading volume eclipsed $381 billion—demonstrating sustained interest during this consolidation phase.
Cardano Whales Accumulate as ADA Nears Critical Breakout Zone
Cardano's ADA token shows bullish signals as large investors accumulate positions ahead of a potential breakout. On-chain data reveals whales purchased 120 million ADA in recent weeks, coinciding with a 13% surge in open interest to $970 million. The cryptocurrency currently tests resistance at $0.64, with technical indicators suggesting $0.685 as the next target if momentum holds.
Market structure appears favorable, with the 50-day SMA providing support at $0.586 and liquidations wiping out $3.8 million in short positions. Some analysts project a rally toward $2 by year-end, with optimistic scenarios suggesting $5 ADA in favorable macroeconomic conditions. Fundamental developments including Argentina's lithium partnership and network upgrades add credence to the bullish case.
Meanwhile, Remittix's $16 million presale at $0.0811 per token draws attention as an alternative play in the Cardano ecosystem. The project's early funding success highlights growing investor appetite for ADA-adjacent opportunities.
Cardano (ADA) Price: Short Liquidations Fuel 10% Weekly Surge
Cardano has surged 17% since early July, currently trading at $0.626 with potential to test $0.66-$0.68 resistance this month. The rally follows $2.98 million in short liquidations within 24 hours, underscoring market volatility.
Daily charts show bullish momentum with RSI crossing above the neutral-50 level and consistent higher highs over two weeks. However, weekly charts maintain a bearish structure since December 2024, creating conflicting signals for traders.
On-chain metrics reveal concerning trends, with development activity and network usage declining since February. The altcoin bottomed at $0.536 in early July before its current ascent, recently breaking the 50% Fibonacci retracement level at $0.62.
Cardano's Bullish Breakout Confirmed as Analyst Sets New Price Target
Cardano (ADA) has validated a decisive bullish breakout after reclaiming its 200-day moving average, with analysts identifying $0.644 as the next key threshold. The eighth-largest cryptocurrency surged 13% in 24 hours—outpacing all top-10 assets—as its first-ever weekly golden cross between 50-day and 200-day MAs signaled trend reversal.
Technical analyst MasterAnanda confirms ADA's sustained position above the MA200 trend indicator, a prerequisite for bullish momentum. The asset's 19.57% weekly gain reflects strengthening institutional interest, with the breakout potentially marking the start of prolonged upward trajectory.
