Cardano’s golden cross strengthens short-term momentum as traders watch resistance closely. Rising volume and governance approval add support to ADA’s developingCardano’s golden cross strengthens short-term momentum as traders watch resistance closely. Rising volume and governance approval add support to ADA’s developing

Cardano Golden Cross Signals Short-Term Strength as ADA Presses Key Resistance

2026/01/06 01:21
3 min read
  • Cardano’s golden cross strengthens short-term momentum as traders watch resistance closely.
  • Rising volume and governance approval add support to ADA’s developing trend.
  • Technical signals align with ecosystem progress as ADA approaches critical breakout zone

Cardano has entered a technically sensitive phase after a golden cross appeared on its 2-hour chart, signaling strengthening short-term momentum. The development followed the broader crypto market rebound at the start of 2026, which helped ADA recover from the $0.331 low.


According to TradingView data, the 50-period moving average crossed above the 200-period moving average on the 2-hour timeframe. This shift confirmed improving trend conditions as buying activity increased alongside higher trading volumes.


Alongside that move, a similar golden cross formed on the hourly chart, reinforcing near-term bullish signals. Together, these indicators suggest sentiment has improved after a prolonged period of price compression. Despite the technical progress, ADA remains capped by resistance near $0.401, a level aligned with the daily 50 moving average. This barrier has restricted upside movement for months, keeping price action below it since September.


During Sunday’s session, ADA briefly climbed to $0.4055 before sellers stepped in. The rejection pushed prices back below resistance early Monday as short-term traders locked in gains.


At the time of writing, ADA was down 0.29% over the last 24 hours, reflecting mild consolidation. On a weekly basis, the token remained up 8.29%, underscoring sustained recovery momentum.


ADA

Source: Tradingview

Also Read: Bitcoin Cash Steals the Spotlight as Peter Brandt Flags Early Market Leadership


Short-Term Signals Gain Attention as Volume Builds

Golden crosses on lower timeframes often highlight improving momentum rather than long-term trend shifts. However, traders closely monitor volume behavior to confirm whether buyers maintain control. In this case, rising volumes during the crossover added credibility to the move.


Increased participation suggested broader market engagement rather than isolated speculative trades. If buying pressure continues, a clean break above the daily 50 moving average would mark a structural change. Technical projections then shift toward higher resistance zones near $0.65 and $0.90.


Governance Approval Adds Fundamental Context

Beyond technicals, network developments also influenced sentiment. According to Cardano explorer cexplorer, the governance action approving the withdrawal of 70,000,000 ADA for the Cardano Critical Integrations Budget has been ratified.


This approval clears the way for expanded integrations across the ecosystem. Planned developments include support for ADA, the T1 stablecoin, and Pyth Oracle, which could enhance network utility during 2026. Market participants continue to balance these fundamentals with near-term price behavior. Sustained strength above resistance would likely validate the recent golden crosses as more than a temporary rebound.


As volatility builds near key levels, traders remain focused on confirmation signals tied to volume, structure, and follow-through for Cardano.


Also Read: XRP Flips BTC and ETH in These Important Metrics


The post Cardano Golden Cross Signals Short-Term Strength as ADA Presses Key Resistance appeared first on 36Crypto.

Market Opportunity
CROSS Logo
CROSS Price(CROSS)
$0.10362
$0.10362$0.10362
-5.89%
USD
CROSS (CROSS) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

SEC Clears the Way for Spot Crypto ETFs with New Generic Rules

SEC Clears the Way for Spot Crypto ETFs with New Generic Rules

The post SEC Clears the Way for Spot Crypto ETFs with New Generic Rules appeared first on Coinpedia Fintech News The U.S. SEC has approved new listing standards that simplify the process for launching spot crypto ETFs under the ’33 Act. Cryptocurrencies with listed futures on Coinbase, currently about 12 to 15 coins, will now qualify automatically, removing the need for separate case-by-case approvals. This change streamlines regulatory procedures, cutting delays and hurdles, while opening …
Share
CoinPedia2025/09/18 14:35
Why This New Trending Meme Coin Is Being Dubbed The New PEPE After Record Presale

Why This New Trending Meme Coin Is Being Dubbed The New PEPE After Record Presale

The post Why This New Trending Meme Coin Is Being Dubbed The New PEPE After Record Presale appeared on BitcoinEthereumNews.com. Crypto News 17 September 2025 | 20:13 The meme coin market is heating up once again as traders look for the next breakout token. While Shiba Inu (SHIB) continues to build its ecosystem and PEPE holds onto its viral roots, a new contender, Layer Brett (LBRETT), is gaining attention after raising more than $3.7 million in its presale. With a live staking system, fast-growing community, and real tech backing, some analysts are already calling it “the next PEPE.” Here’s the latest on the Shiba Inu price forecast, what’s going on with PEPE, and why Layer Brett is drawing in new investors fast. Shiba Inu price forecast: Ecosystem builds, but retail looks elsewhere Shiba Inu (SHIB) continues to develop its broader ecosystem with Shibarium, the project’s Layer 2 network built to improve speed and lower gas fees. While the community remains strong, the price hasn’t followed suit lately. SHIB is currently trading around $0.00001298, and while that’s a decent jump from its earlier lows, it still falls short of triggering any major excitement across the market. The project includes additional tokens like BONE and LEASH, and also has ongoing initiatives in DeFi and NFTs. However, even with all this development, many investors feel the hype that once surrounded SHIB has shifted elsewhere, particularly toward newer, more dynamic meme coins offering better entry points and incentives. PEPE: Can it rebound or is the momentum gone? PEPE saw a parabolic rise during the last meme coin surge, catching fire on social media and delivering massive short-term gains for early adopters. However, like most meme tokens driven largely by hype, it has since cooled off. PEPE is currently trading around $0.00001076, down significantly from its peak. While the token still enjoys a loyal community, analysts believe its best days may be behind it unless…
Share
BitcoinEthereumNews2025/09/18 02:50
Welcome to CoinCodeCap (signals.coincodecap.com) Payment Portal.

Welcome to CoinCodeCap (signals.coincodecap.com) Payment Portal.

Welcome to CoinCodeCap (signals.coincodecap.com) Payment Portal. You will receive the following benefits with our subscription - ✅ Spot + Futures Signals ✅ Quality over Quantity (Monthly 40 to 90 signals depending on market situation) ✅ Proper Risk: Reward Trades along with technical analysis ✅ Get premium support and guidance through our premium chat group to learn the technical analysis ✅ Cornix.io Bot integration for Automated Trading (Cornix payment is NOT included in our subscription) ✅ Our experienced team will help you in improving your trading experience & skills with proper risk management guides. ✅ Easy-to-understand setups of our trading signals ✅ High-quality NFT & Gold & Forex signals Be an Affiliate with us and get 20% of your referred friend’s subscription every month. Just type /affiliate in this chat to join the program ✅✅ ⚠️ Please send subscription fee + blockchain fee as mentioned in next steps For any questions , contact @gaurav_zen or type and send a message here in this Bot. Check Previous Results here. Share this with your friends: @CoinCodeCap_bot (for Telegram channels, groups & chats) t.me/CoinCodeCap_bot (for web, email, social media) Disclaimer: Trading Signals are provided for informational purposes only and do not constitute financial advice. No guarantee of accuracy, profitability, or outcome is made or implied. By using these signals, you acknowledge and accept that trading involves substantial risk and may result in the loss of some or all of your capital. You are solely responsible for any financial decisions made and their consequences. Welcome to CoinCodeCap (signals.coincodecap.com) Payment Portal. was originally published in Coinmonks on Medium, where people are continuing the conversation by highlighting and responding to this story
Share
Medium2025/09/18 14:40