Cardano Price Prediction: ADA Gets TD Sequential Buy Signal Near $0.25
ADA traded near $0.25 after analyst Ali Martinez reported a TD Sequential buy signal, while the token remains down roughly 6% over the week and 67% over the past year. Traders are watching whether the $0.246 support zone holds, with $0.255 and $0.262 cited as the first upside targets.
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The Signal and the Price Level
Cardano's ADA was trading near $0.2495 at the latest check, inside a 24-hour range of $0.247674 to $0.252127, according to Crypto.news. The main signal cited is a fresh TD Sequential buy signal, a tool traders use to spot possible trend exhaustion, which analyst Ali Martinez said indicates a "local bottom is forming." Martinez said the same indicator flashed a sell signal on May 10 before ADA fell about 15% over the following ten days.
Sources differ on how far ADA has fallen recently. Crypto.news reported the token was down about 5.8% over the past week, while CryptoPotato put the weekly decline at 10%, from nearly $0.28 seven days earlier. The gap likely reflects different measurement windows and reference prices, and neither outlet's figure has been independently reconciled here.
Key Levels and Technical Structure
Both outlets point to $0.246 as the support zone to watch. Martinez set the first rebound target near $0.255, with a move above that level opening a test of $0.262. Crypto.news noted that ADA sits below its 9-day moving average near $0.2559 and its 21-day moving average near $0.2605, and that the 9-day average remains under the 21-day, a structure that still favors sellers.
Momentum indicators are mixed. The RSI stood near 43.87, below the neutral 50 level but not in oversold territory, and it had fallen below its signal line, indicating the early-May bounce has cooled. Daily volume of about 35.84 million ADA was moderate. CryptoPotato also cited a historical pattern Martinez highlighted, in which the $0.25 area acted as a turning point in January and September 2023, with ADA rising 88% and 243% in the following weeks. Those past moves do not guarantee a repeat.
Derivatives and Longer-Term Context
Derivatives data signals caution. According to CoinGlass figures cited by Crypto.news, total futures volume fell 16.49% to $491.40 million and open interest fell 4.38% to $540.86 million, which can indicate traders closing positions rather than adding exposure. Options volume dropped 92.94% to $6,590.
The longer view is weaker. Crypto.news reported ADA was down about 67.4% over the past year and ranked 16th by market value at roughly $9.22 billion. Views on direction also diverge among commentators: CryptoPotato cited analyst Sssebi calling ADA "extremely undervalued" near $0.25, while Sssebi's own earlier call anticipated a retest near $0.22, and Erick Crypto described the trend as bearish with sellers in control, though he said the $0.25 zone could become support if buyers step in with volume.
Why It Matters
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This article is for information only and is not financial advice. Read the full disclaimer.
