Cardano (ADA) has experienced significant volatility and selling pressure, resulting in a 61% drop since early December. The price has shown a persistent downtrend, shaking investor confidence. However, there are signs of a potential rebound according to top analyst Ali Martinez. Strong demand at current levels and a buy signal from the TD Sequential indicator on the daily chart suggest a recovery rally could be on the horizon. Reclaiming key levels above $0.72 will be critical for confirming a meaningful recovery. The next few days will be crucial in determining Cardano's price trajectory. Holding current price levels and breaking above the 200-day EMA could pave the way for a rally and challenge of the $0.85 mark. Failure to do so could result in further consolidation or decline. Investors are closely watching these key levels for a potential recovery rally.



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