Golden Cross Sparks Cardano Optimism — Could ADA Hit $3 in Weeks? Analysis

• ADA forms a golden cross, hinting at a potential move to $3.
  
• Strong technical support at $0.49 and resistance at $1.19–$1.33.
  
• Analysts project gains up to 350% based on historical and chart patterns.

Cardano (ADA) is catching investors’ attention after forming a golden cross, a bullish technical signal last seen in December 2024. Historically, this pattern preceded a massive rally, lifting ADA roughly 237% in 27 days from below $0.40 to over $1.40, according to market analyst Crypto Deezy and TradingView data. At press time, ADA trades at $1.01, up more than 19% in the past 24 hours and 35.4% over the last month.

Deezy projects that applying the same historical gain could bring ADA close to $3 within the next 27 days, approaching its 2021 all-time high of $3.10. Trading charts support this scenario, highlighting a potential upside of approximately 236%.

Cardano Golden Cross!

Last time the 50-day MA crossed above the 200-day MA, ADA pumped 230%!

A similar move gives us a $3.00 ADA in 27 days!

You aren't bullish enough 🚀 pic.twitter.com/6DUV43aFuM

— Deezy (@deezy_BTC) August 13, 2025

Technical Indicators Suggest Bullish Momentum

TradingView data shows Cardano reclaiming the Point of Control (POC) on the 2-day chart, indicating strong buyer interest. ADA has moved above its value-area low and is targeting higher-timeframe resistance at $1.19, with the swing high at $1.3264 as the next potential target. A triple-bottom formation at $0.49 strengthens the support level, which bulls must defend to maintain the uptrend.

Prominent analysts highlight key technical patterns: Ali Martinez notes an inverse head-and-shoulders setup with a breakout above $0.94 potentially propelling ADA to $1.20–$1.50. Similarly, Christopher Visser emphasizes bullish MACD crossovers and a rare six-hour Bollinger Band squeeze, suggesting a possible long-term target of $3.91. Analyst Dan Gambardello draws parallels to December 2020, projecting a move toward $3 with a 197% gain from current prices.

Also Read: Is Cardano’s ADA Price Set to Spike? Proven Bull Flag Breakout Signals 100–150% Gains

Outlook: Can ADA Reach $3 or Beyond?

The convergence of historical patterns, strong support levels, and bullish technical indicators paints a promising picture for Cardano in the short and long term. While resistance at key levels like $1.19 and $1.3264 will test the bulls, maintaining momentum above POC and value-area highs could pave the way for further upside. Conversely, a drop below $0.49 would challenge the bullish narrative.

With multiple analysts forecasting significant gains, Cardano’s recent golden cross signals a potentially transformative rally. Traders should monitor key support and resistance zones while noting that past patterns often guide—but do not guarantee—future performance.

Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses

Andrew Chen

I’m a crypto enthusiast with a background in finance. I’m fascinated by the potential of crypto to disrupt traditional financial systems. I’m always on the lookout for new and innovative projects in the space. I believe that crypto has the potential to create a more equitable and inclusive financial system.