ADA bull rally back on? Cardano indicator flips after 73% crash

Cardano (ADA) was trading near $0.27 at the time of reporting, according to crypto.news price data. 

Meanwhile, the token was down 2.47% over 24 hours, while its daily range stood between $0.27 and $0.28.

The market cap was about $9.81 billion, with 24-hour trading volume near $427.57 million. ADA has gained 10.15% over the past 30 days but remains down 66.97% over the past year.

SuperTrend flips after long decline

Crypto analyst Ali Martinez said Cardano could be preparing for a new bull rally after the SuperTrend indicator flashed a fresh buy signal on the daily chart. He said the same tool had given a sell signal on Sept. 25, 2025, before a 73% price decline.

Ali said the latest flip suggests the exhaustion phase may be ending. He is watching for a move toward $0.33, with a secondary target near $0.42 if momentum holds. His bullish view depends on ADA staying above $0.25.

RSI and MACD show mixed strength

ADA is trading just above the key $0.25 area. RSI stands near 53.66, while its signal line is around 58.12. This keeps momentum above the neutral 50 level, but not yet in overbought territory.

MACD also remains positive, with the MACD line near 0.0055 and the signal line around 0.0045. The histogram is still above zero at about 0.0009, showing buyers still have some momentum, although the bars have started to fade.

Whales continue to accumulate

Santiment said wallets holding at least 1 million ADA now control 25.09 billion tokens. That equals 67.47% of Cardano’s existing supply. The firm said these large holders have been adding since December 2023.

That accumulation comes despite ADA losing 71% of its market cap over the past nine months, according to Santiment. The data suggests large holders are still building positions while the price trades at lower levels.

However, as previously reported, Cardano had confirmed a falling wedge breakout, with a possible upside target near $0.32. It also noted that ADA had reclaimed its 20-day, 50-day and 100-day moving averages, while the 200-day SMA near $0.35 remained a major barrier.