Cardano’s recent surge suggests potential price growth, with the technical indicator of a golden cross pointing to an impressive upward trend. This bullish signal, coupled with increased trading volume and historical performance, has sparked investor optimism for ADA reaching a price of $3.48. The move comes after the nine-day moving average crossed above the 21-day, indicating a potential reversal from the bearish trend. With this positive momentum, many experts believe Cardano could break through its all-time high and reach new heights. The rise in price has pushed ADA to $0.87, with some analysts predicting further growth into the $1 mark. This bullish surge is supported by increased trading volume that surpassed $2.5 billion over a 24-hour period. However, it’s worth noting that the RSI currently stands at 70.3, indicating potential for a short-term correction. Despite this potential for correction, investor interest in Cardano remains high, with trading volumes soaring by 102% compared to previous days. Historical data shows past golden cross signals have preceded significant price increases for Cardano, such as a 300 percent growth in November 2024, reaching a new all-time high of $1.32. If ADA’s current price of $0.87 experiences similar gains, it would mark a significant milestone and potentially reach the $3.48 target. This renewed optimism is further fueled by anticipation for the upcoming Cardano ETF launch, which could significantly increase exposure to cryptocurrency. Will this bullish trend continue? Only time will tell how ADA’s journey unfolds.