Cardano ADA Surges 12.6% on Golden Cross Amid $1 Push

Generated by AI AgentCoin World
Wednesday, Aug 13, 2025 7:38 am ET1min read
ADA
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Aime RobotAime Summary

- Cardano (ADA) forms a golden cross as its 9-day moving average crosses above the 21-day line, signaling potential price growth.

- ADA’s price surged 12.6% to $0.87 in 24 hours, with trading volume spiking 102% to $2.5 billion, reflecting heightened investor confidence.

- Historical data shows ADA rose 300% after a similar golden cross in late 2024, suggesting the $1 threshold could be reached if trends continue.

- Strategic network upgrades and dApp adoption reinforce ADA’s uptrend, with analysts noting volume spikes often precede significant price moves.

Cardano (ADA) is gaining momentum as traders and analysts observe a golden cross formation, a technical indicator often associated with bullish market trends. The nine-day moving average has recently crossed above the 21-day moving average, signaling a potential upward trajectory for

ADA
. This development has sparked renewed investor interest, with ADA currently trading at $0.87, up 12.6% in the last 24 hours [1].

The golden cross is widely recognized as a key signifier of a market reversal to the upside. Historical data reveals that ADA experienced a 300% surge following a similar formation in late 2024, rising from $0.325 to $1.32 within a month [1]. If the current trend mirrors the past, ADA could approach or even surpass the $1 threshold in the near future, reinforcing the optimism among market participants.

In addition to the bullish signal, ADA’s trading volume has surged by over 102% in recent days, reaching $2.5 billion. This increase in activity reflects heightened investor confidence and aligns with the technical formation [1]. Analysts have noted that such volume spikes often precede substantial price movements, further validating the potential for ADA’s continued ascent.

The market context is also favorable, as ADA remains in a well-defined uptrend following several strategic network upgrades and increased adoption in decentralized applications (dApps). While no analyst forecasts are explicitly cited in the latest reports, the historical performance of ADA during similar golden cross events suggests that the current market conditions are conducive to further price appreciation [1].

As the market watches closely for ADA’s next move, the combination of technical indicators, price performance, and trading activity underscores the coin’s bullish potential. With the $1 psychological level within reach,

Cardano
could see renewed attention from both retail and institutional investors.

Source: [1] Cardano (ADA) Shows Bullish Potential as Price Eyes $1 Amid Golden Cross Formation – https://en.coinotag.com/cardano-ada-shows-bullish-potential-as-price-eyes-1-amid-golden-cross-formation/