Cardano MACD Golden Cross Forms As Price Nears 0.77 Resistance Zone

The MACD golden cross below zero shows a possible change in trend if ADA holds support around 0.65 for several sessions.

Cardano must break past 0.74 to 0.77 resistance to confirm a rebound that could extend toward 0.80 within weeks.

The last similar signal triggered a 60% rally showing how momentum indicators can guide the next market direction.

Cardano (ADA) is showing early signs of a bullish reversal as the daily MACD indicator prepares to print a golden cross below zero. Market analyst Lark Davis noted that the last time this formation appeared, Cardano’s price rallied more than 60%. The indicator now points to potential upside momentum, but key resistance levels remain in focus.

The ADA price currently trades near $0.667, up 2.20% in the last 24 hours. On the daily chart, Cardano faces a downward resistance trendline that began in August. Several rejection points marked by red arrows confirm this descending pattern, forming a consistent ceiling for price movement.

If ADA breaks above the zone between $0.74 and $0.77, it could signal a possible trend reversal. However, as the chart shows, that range has acted as a strong resistance zone multiple times. Until a confirmed breakout occurs, analysts suggest ADA remains within a corrective structure.

Resistance Zone Blocks Short-Term Recovery

Cardano’s recent price activity reveals a repeated struggle to overcome the $0.74–$0.77 resistance range. This area has capped every major rally since late August, confirming strong selling pressure. The zone also overlaps with a long-term downward resistance line visible on multiple timeframes.

The MACD histogram indicates waning bearish momentum, as the blue and orange signal lines approach convergence. A confirmed golden cross could shift sentiment and attract technical buyers anticipating a breakout. Yet, for this setup to sustain, ADA must produce higher closes above $0.70 and maintain strong trading volume.

The previous time the indicator flashed a similar signal, ADA rose 62.72%, climbing from $0.36 to $0.58 in less than two months. This historical reference underscores the pattern’s potential strength if supported by favorable market conditions.

Still, ADA’s current path depends on whether the market can absorb existing sell orders near the upper resistance trendline. The rejection pattern shown by three downward arrows demonstrates how consistent this ceiling has remained since August. Each attempt to break higher has been followed by renewed bearish pressure.

Technical Indicators Point to a Pivotal Moment

The MACD crossover below the zero line is a notable technical event that traders closely monitor. When this crossover occurs, it often signals that downside momentum has cooled, and buyers are preparing to regain control. ADA’s present structure shows the MACD bars shrinking toward neutrality, suggesting that selling strength is easing.

At the same time, Cardano’s support zone has held near $0.63–$0.65, creating a foundation for a potential bounce. If bulls defend this range, the chart could form a short-term higher low, a common reversal signal. The broader setup indicates a critical technical juncture—either a continuation of the downtrend or the start of a new recovery leg.

Volume remains a key confirmation factor. Without expanding volume, any breakout could face immediate rejection around $0.75. Conversely, if momentum strengthens alongside the MACD cross, a retest of the $0.80 level may follow within weeks.

The daily chart’s green recovery candle shows traders positioning cautiously, awaiting further confirmation of direction. Meanwhile, market observers are closely tracking whether this developing golden cross will repeat its previous 60% performance pattern or encounter resistance once again.

This situation raises a crucial question: Can Cardano’s MACD golden cross overcome the $0.77 barrier and revive a broader uptrend?

Regardless of outcome, the technical landscape around ADA highlights one of the most closely watched setups in the current market. For now, investors remain alert to signs of confirmation that could shape the next major phase of Cardano’s price movement.