The Cardano price has been dropping for days,but at writing, it is indicating for a change in that course.. ADA has been moving lower and breaking support levels one by one, but the latest candles suggest the sell-off may be slowing down and sellers might be losing momentum.
The ADA price is now sitting near the 0.46 zone, where buyers have stepped in before, and this is exactly where a new signal has appeared.
According to analyst Ali, ADA is showing a bullish divergence between price and the RSI on the daily chart. While the price continued making lower lows, the RSI quietly formed higher lows, hinting that the selling pressure is weakening.
On top of that, the TD Sequential indicator just printed a buy signal, which historically appears near exhaustion points before a bounce.
What the Cardano Chart Is Showing
Ali’s chart highlights the divergence clearly. The candles pushed toward fresh lows, but momentum did not follow. That divergence between price action and the RSI is often one of the first signals that a reversal might be occurring.
The market has been bleeding for weeks, with the indicator seeming to suggest that the pace of the decline is slowing. If the ADA price manages to stay above the 0.46 region, the setup looks strong enough for at least a short-term recovery.
The TD Sequential signal adds another layer of confidence. While no indicator guarantees a move, this one tends to appear near trend-exhaustion points, especially after extended selloffs. With ADA price now completing a long sequence of red candles, the timing lines up with a possible shift in direction.
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Short-Term Outlook for ADA
If buyers step in here, the first target would be reclaiming the 0.50 level, which turned into resistance after last week’s breakdown.
Clearing that zone could open the door toward 0.55, where the previous support cluster sits. But if the ADA price loses the 0.46 zone again, the chart suggests another retest of 0.44 and possibly deeper levels.
For now, the indicators are giving ADA its first optimistic signal in weeks. Momentum is stabilizing, sellers are slowing down, and the chart finally has something bullish to point at.
With the broader market still shaky, nothing is guaranteed, but this is the cleanest setup the bulls have seen in a while.
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