Cardano (ADA) Records First Golden Cross of 2026, but There's a Catch
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Cardano (ADA) has recorded its first golden cross of 2026, indicating potential recovery as trading volume surged by 31.35% to $614.85 million. The golden cross formed at $0.3380, with ADA currently trading at $0.3429. However, market volatility and a low Relative Strength Index (RSI) of 33.85 raise concerns about sustaining growth. ADA must clear the consolidation range of $0.3621 to $0.3824 to regain investor confidence, as weak momentum could lead to a bearish reversal. Observers are keen to see how this bullish signal impacts Cardano's performance.
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