Cardano (ADA) [Photo: Shutterstock]

Cardano is increasingly likely to form a major golden cross for the first time in 2026.

U.Today, a blockchain outlet, reported on Sept. 25 that Cardano’s daily chart shows the 50-day moving average nearing the 200-day moving average and is about to cross above it.

The market’s focus is less on the technical signal itself than on how it coincides with a recent upswing in altcoins. ADA rose 8 percent over 24 hours to trade at $0.256, and its weekly gain was 21 percent. As bitcoin moves sideways, funds have shifted into some altcoins, and ADA has benefited from that trend. CoinMarketCap’s Altcoin Season Index was shown at 58.

The daily 50-day line is rising steadily. If the golden cross is confirmed, it would be Cardano’s first such case in 2026. The previous golden cross came in August 2025, when ADA rose as high as $0.92 at one point. In the following months it lowered its highs within a range of $0.83 to $0.92, and a daily dead cross appeared in November of the same year.

The medium- to long-term trend remains mixed. On the weekly chart, a dead cross was completed in May 2026. That is the opposite signal, with the 50-day moving average moving below the 200-day moving average. It means it is too early to say the bearish weekly trend has been fully reversed even if a rebound signal appears on the daily chart.

Based on price action alone, ADA began rebounding from a low of $0.19 on Sept. 16. It then moved above the daily 50-day and 200-day lines at $0.206 and $0.214, respectively. It rose to as high as $0.258 intraday on Sept. 25, testing a short-term upper level. The market’s near-term target prices from the current area were cited as $0.28 and $0.30. A scenario was also mentioned in which $0.42 could come into view if buying pressure strengthens further.

Even so, there is no guarantee a golden cross will immediately lead to further gains. The first path is that the current rally extends further after the technical signal is confirmed. The second is a “false breakout.” If ADA fails to hold above the daily moving averages and is pushed back below them, the golden cross signal could lose strength. In that case, the price could remain in a range again.

The third is that prices move sideways without a clear direction even after the golden cross forms. Although the recent rise coincides with a technical rebound signal, it means whether a trend reversal occurs depends on settling above the moving averages and whether additional buying continues.

In this situation, ADA’s near-term points to watch are clear. They are whether the daily golden cross is actually confirmed, whether the price holds support above $0.214 after confirmation, and whether altcoin rotation continues while bitcoin trades sideways. As the recent flow of funds into relatively higher-risk altcoins continues, Cardano has been put to a test as technical signals and market rotation align at the same time.

Keyword

#Cardano #ADA #Bitcoin #CoinMarketCap #Altcoin Season Index
Copyright © DigitalToday. All rights reserved. Unauthorized reproduction and redistribution are prohibited.