Cardano’s Golden Cross Signals $3 Surge: Here’s the Countdown
Brace for impact—ADA's golden cross just flashed its most bullish signal since 2021. We're mapping the runway to $3.
Why This Time's Different
Market cycles love symmetry. With institutional wallets loading up and staking yields compressing, Cardano's set for a liquidity squeeze that could rocket prices past resistance levels.
The Golden Cross Effect
When the 50-day MA punches through the 200-day, even crypto skeptics pay attention. Historical data suggests 60-90 days post-cross for max momentum—putting ADA's $3 target squarely in Q4.
Risks? What Risks?
Sure, macro headwinds could derail the rally. But let's be real—since when has rational economics stopped a good crypto pump? Just ask the 'stablecoin yields' crowd.
Analyst expects ADA at $3Analyst expects ADA at $3
Meanwhile, at press time, ADA is trading at $1.01, gaining more than 19% and 35.4% in the past day and month, respectively.
Deezy noted that applying the same percentage increase as the 2024 rally would bring ADA close to $3 in the next 27 days. The chart’s second measurement box supports this projection, showing a potential move of 2.03371 points in value, or roughly 236%. A rally to this price will bring ADA close to its all-time high of $3.10 recorded in 2021.
What's Next for Cardano?
Data from TradingView highlights that Cardano is showing strong bullish momentum after breaking market structure to the upside and reclaiming the Point of Control (POC) on the 2-day chart.
