Cardano (ADA) Golden Cross Raises One Big Question: Reversal or Not?

Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. Fed market expectations remain steady Cardano whale numbers hit new high Advertisement Cardano completed a golden cross on its two-hour chart, with the MA 50 crossing above the MA 200. This corresponded with a mild rebound in the ADA price; at the time of writing, ADA was up 0.45% in the last 24 hours and up nearly 3% weekly. This showed that the bullish signal was not enough to offset an earlier downturn in price, with ADA remaining in a range. ADA/USD 2-Hour Chart, Image By: TradingView Since Feb. 26, ADA has traded sideways in a range between $0.233 and $0.2935. This suggests that ADA's breakout is yet to materialize. HOT Stories Back Claims He Knows Satoshi’s Nationality XRP Gets Long-Awaited Timeline for Regulatory Clarity in Japan, $343 Million Flow into Bitcoin via ETF as BTC Price Stabilizes Above $70,000, Binance CEO Delivers Security Lifehack Useful for 2026: Morning Crypto Report You Might Also Like Sun, 03/29/2026 - 10:00 Cardano (ADA) at Make-or-Break Level: Potential Targets From Here By Tomiwabold Olajide Advertisement Analysts point out that the crypto market remains in a seven-month downtrend, but signs of a structural floor are now beginning to emerge. If this is the scenario, the Cardano price might continue sideways trading for a little while longer, which might be followed by a breakout. Fed market expectations remain steady Markets continue to price in a small chance of a rate cut through the rest of 2026, though Fed officials at their March meeting indicated a shift toward a quarter-percentage point cut, with the timing remaining uncertain. The newly released Consumer Price Index increased by 0.9% in March, putting the annual inflation rate at 3.3%. Both numbers were in line with the Dow Jones consensus. The annual rate was the highest since April 2024 and up from 2.4% in February. Advertisement You Might Also Like Thu, 03/19/2026 - 18:37 Bitcoiners Eye Major Victory as Fed Revises Basel Toxic Asset Standards By Alex Dovbnya However, core prices rose much less – just 0.2% for the month and 2.6% from a year ago, both 0.1 percentage points below forecast, indicating that underlying inflation was contained. Cardano whale numbers hit new high According to Santiment, Cardano's whale numbers have recently hit a four-month high. Cardano 's number of wallets holding at least 10 million ADA has increased to a four-month high of 424, a 5.2% rise in nine weeks. There are now 424 million ADA, with at least 10 million ADA, the most since Dec. 6. Even though Cardano has not decoupled from other altcoins yet in 2026, its market value is about 11% since it bottomed out on Feb. 5. Santiment noted that if whale numbers continue to grow while the ADA price remains suppressed, this would create a bullish divergence. #Cardano News #Cardano Price Prediction #Cardano