Cardano Price Analysis: Breaking Resistance Signals Bullish Momentum, Short-Term Pressure Remains

Cardano (ADA) has made a significant move by breaking through long-term resistance on its weekly chart, leading to a ‘golden cross’ pattern reminiscent of historical bullish price surges. This recent development was accompanied by an increase in buying momentum and the creation of a golden cross with the 9 and 21-day moving averages, highlighting potential for ADA to follow similar trajectory as previous rallies.