Cardano’s Golden Cross Signals Potential Price Surge of 232%

A rare technical event is fueling optimism for Cardano (ADA). The asset has broken out to a new all-time high, reaching $0.82 after a 12% surge in just one week. This move was spurred by the emergence of a ‘golden cross’ on the daily chart, signaling strong bullish momentum and potential for a price rally exceeding 232%. Experts attribute this rise to expanding DeFi applications and increased institutional interest. The market is buzzing as whales accumulate substantial ADA holdings, adding to confidence in the asset’s future prospects.