Cardano (ADA) Price To Rebound After Prolonged Decline, All You Need To Know

The Coin Republic
The Coin Republic
ADA+0.80%

Cardano price signaled potential exhaustion of its recent downtrend after the TD Sequential indicator flashed a “9” buy setup.

At the same time, the token pressed into resistance levels near $0.84. Analysts said the move could set the stage for an advance toward $1.00 if buyers sustained pressure.

All levels and indicator readings cited were at the time of writing.

Cardano Price Tests Resistance Zone After Indicator Shift

The TD Sequential indicator, designed to track trend exhaustion, printed a “9” on the daily chart for ADA.

Historically, such setups often marked the end of extended bearish phases. Following this signal, ADA briefly gained before trending lower.

At press time, the Cardano (ADA) price was around $0.8082, down 3.79% over the past 24 hours and 5.79% lower over the week, but still nearly 12% higher compared to one month earlier.

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