Cardano (ADA) experienced a 4% increase on Monday, with the price attempting to reach $0.65, indicating renewed bullish momentum. Various technical indicators have begun to align in favor of buyers, as the Bollinger Band Trend (BBTrend) turned positive for the first time in several days, and the Directional Movement Index (DMI) signaled increasing upward pressure.

At the moment, Cardano is close to forming a potential golden cross on its Exponential Moving Average (EMA) lines, which could provide additional support for a breakout should resistance levels be overcome. With momentum intensifying and significant price levels within reach, Cardano has entered a crucial phase that could determine its near-term trajectory.

The BBTrend for Cardano has recently returned to positive territory at 0.11, following four consecutive days in the negative range. Although this change is slight, it might represent the initial indication of momentum stabilizing after recent weakness.

The Bollinger Band Trend (BBTrend) is a technical tool used to evaluate the intensity and direction of a trend based on the width of the Bollinger Bands. When the bands expand and the BBTrend moves into positive values, it usually implies rising volatility aligned with an emerging bullish trend. Conversely, extended negative readings generally reflect waning momentum and a lack of directional strength.

Even though a BBTrend value of 0.11 remains relatively low and does not yet signify a robust uptrend, the fact that it has turned positive indicates a possible turning point. This suggests that selling pressure may be diminishing and the price might be transitioning into a recovery phase if buying activity escalates. Such an early uptick in BBTrend frequently precedes a larger movement.

Traders are anticipated to monitor closely whether this positive shift persists in upcoming sessions, as ongoing increases in BBTrend could signal the commencement of a more defined upward movement for ADA.

The Directional Movement Index (DMI) for Cardano shows a notable change in momentum, with the Average Directional Index (ADX) rising to 17.79 from 13.77 the previous day. The ADX assesses the strength of a trend on a scale from 0 to 100, where values below 20 denote a weak or absent trend, while readings over 25 typically confirm a strengthening trend.

ADA’s ADX remains under the 20 threshold but is steadily climbing—showing that momentum is gathering and a more pronounced directional move may soon emerge. Further analysis reveals that the positive directional indicator ( DI) has surged to 26.38 from 16.30 just one day prior, reflecting heightened buying pressure. Despite pulling back somewhat from a peak of 29.57, it stays well above the negative directional indicator (-DI), which has fallen sharply from 22.72 to 13.73.

This widening gap between the DI and -DI suggests a clear tilt in favor of the bulls, with buyers reclaiming control after a brief period of selling pressure. If the ADX continues to rise along with a dominant DI, it could verify a strengthening uptrend for Cardano.

Cardano's price is nearing a potentially favorable technical development, as its EMA lines imply a golden cross may occur in the coming sessions. A golden cross happens when the short-term moving average surpasses the long-term moving average, often marking the initiation of a stronger uptrend.

Should this crossover be confirmed and ADA successfully breaks above the resistance at $0.668, subsequent upside targets would be set at $0.709 and $0.77—levels last observed in late March. Nevertheless, if ADA fails to sustain its upward path and momentum dissipates, downside risks persist.

A retreat back towards the $0.594 support would be the initial sign of weakness, and a breakdown beneath that level might expose the asset to further declines, with $0.511 as the next critical support area. Price activity around the $0.668 resistance is likely to be the decisive factor.

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