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Cardano (ADA) is showing strong bullish signals as it approaches a golden cross, with whale accumulation and technical indicators pointing to a potential breakout. Analysts predict ADA could surge toward $1 and beyond, fueled by positive market sentiment and favorable macro conditions.
- ADA is approaching a golden cross, a bullish technical indicator where the 50-day moving average crosses above the 200-day moving average.
- Whale wallets have accumulated ADA after hitting a 14-month low, signaling growing confidence in its price potential.
- Key resistance levels for ADA are at $0.77 and $1.10, with a breakout potentially pushing the price toward $4 in favorable conditions.
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