TLDR
- Cardano’s daily MACD indicator is close to forming a golden cross below the zero line.
- A similar MACD pattern in June led to a 62 percent surge in ADA’s price within weeks.
- Cardano currently trades at $0.641 after a 4 percent correction from its recent uptrend.
- The first resistance zone for ADA is between $0.74 and $0.77 which was a key support level before October.
- Cardano must also break above the $0.80 resistance which aligns with a descending trendline from August.
Cardano is showing signs of a major bullish movement as the daily MACD indicator approaches a golden cross below zero. The last time this setup formed, ADA surged 62% in less than a month. Despite a 4% correction today, Cardano remains technically positioned for a possible breakout.
MACD Golden Cross Signals Potential Breakout
Cardano’s daily MACD indicator is nearing a golden cross, where the 12-day EMA moves above the 26-day EMA. This signal historically indicates a potential shift from bearish to bullish momentum in the market. Lark Davis highlighted this setup, noting that “Cardano is about to print a MACD golden cross below zero.”
$ADA is about to print a daily MACD golden cross below zero
The last time this happened, Cardano pumped over 60%.
However, ADA needs to get past a resistance zone around $0.74 to $0.77.
A downward resistance line that started in August is also waiting. pic.twitter.com/Yusg732g4E
— Lark Davis (@TheCryptoLark) October 20, 2025
This same MACD structure last appeared in June, when ADA hovered around $0.53 before a strong 62% surge followed. Cardano then reached a peak of $0.93 by July 21, confirming the bullish impact of the signal. If repeated, a similar move from the current $0.641 price could push ADA near $1.04.
Moreover, the MACD currently shows fading red histogram bars, suggesting that bearish momentum is weakening gradually. The bullish cross, if confirmed, may act as the catalyst for upward price acceleration. Cardano’s past price action during similar setups supports this probability.
Cardano Faces Resistance at Key Levels
However, Cardano must break through major resistance levels to maintain any possible rally. The first resistance lies between $0.74 and $0.77, a previous support zone now acting as a ceiling. Cardano last approached this level last week but faced a sharp rejection after reaching $0.73.
This resistance area has held since the October 10 drop, making it a significant technical barrier for ADA. If Cardano moves past this zone, it must then challenge the next resistance near $0.80. This level aligns with a descending trendline starting from the $1.02 high on August 14.
Historically, Cardano has failed to close above that trendline, indicating strong seller pressure near $0.80. A break above this range would likely confirm a stronger uptrend. If achieved, ADA would move further from bearish territory and reinforce bullish momentum.
ADA Faces Crucial Price Levels
Currently, Cardano trades at $0.641 after a sharp pullback despite recent gains. A move to $0.74 would mean a 15.4% increase from the current level. Meanwhile, climbing to $0.80 implies a 24.8% jump, signaling strong price potential.
ADA must close above both resistance zones to secure a long-term bullish reversal. Cardano’s ability to reclaim and hold those levels will determine the rally’s sustainability. Traders continue to watch the MACD cross as a critical short-term signal.
