Cardano's price is showing a promising bullish crossover on the weekly chart, pointing to potential upside momentum. The 21-week EMA moving above the 55-week EMA at $1.09 suggests further growth. Historically, the last similar crossover in February 2021 led to an astounding 400% price increase, making this situation worth watching closely.
Current EMA values indicate steady progression, with the 21-week EMA at $0.721, the 55-week at $0.568, and the 169-week at $0.548. These values highlight a gradual upward trend, providing a solid basis for optimism among Cardano investors and enthusiasts eager to see how this potentially lucrative situation unfolds.
Source: www.thecoinrepublic.com ↗
