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Shares of Nvidia Corporation (NVDA) are off to a strong start Friday, climbing 4% so far in the morning session. "It's time to unleash Nvidia," TheStreet's Jim Cramer said on CNBC's "Mad Dash" show.

Prior to Friday's trading session, NVDA stock had been flatlining; it hasn't been rallying or falling. The stock was up just 59 basis points over the past month. On Friday, though, it's showing life.

If it gets above $174, it can breakout, Cramer reasoned, explaining that this has been the prior high to get through. With a move above, perhaps NVDA can gain some momentum and really turn on the jets. Currently trading at $176, that breakout may be igniting.

One thing Nvidia has going for it is superior fundamentals. While it has a high valuation, it is seemingly in all the right businesses; be it artificial intelligence, video games, robotics, self-driving cars or data centers, Cramer reasoned. All of these industries are seeing strong growth and that's helping to propel Nvidia's business forward, as well as its stock.

However, one industry not doing that well? Cryptocurrencies. China's ban of ICOs (initial coin offerings) and its crackdown on trading is hurting cryptocurrencies. So is JPMorgan (JPM) CEO Jamie Dimon's comments, calling bitcoin a "fraud."

Why does this matter for Nvidia? Roughly 10% of NVDA's revenue comes from the graphic cards that are sold to cryptocurrency miners. Less miners equals less demand, which in turn results in lower sales for Nvidia. On the flip side, more demand equals higher sales for Nvidia.

A recent analyst note from Evercore ISI basically says investors should instead be more focused on Nvidia's A.I. developments, Cramer pointed out. The market doesn't fully appreciate what Nvidia is capable of in terms of earnings and as a result, the analyst raised their price target to $250 from $180.

NVDA stock has been unstoppable, Cramer said, concluding that "Nvidia is a loved stock." Shares are up 195% in the past year and 678% over the past two years.

Nvidia is a holding in Jim Cramer'sAction Alerts PLUS Charitable Trust Portfolio. Want to be alerted before Cramer buys or sells NVDA?Learn more now.

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At the time of publication, Cramer's Action Alerts PLUS had a position in NVDA.