- ADA shows signs of a potential rebound while the TD -sequential indicator blinks on the daily graph.
- ADA has formed a symmetrical triangular pattern, whereby the price action reduced between converging support and resistance lines.
Cardano [ADA] has recently shown promising signs of a potential rebound, with the TD sequential indicator indicating a purchase on the daily graph.
While the market navigates through consolidation, the Technical Technical of ADA present a crucial turning point.
A critical moment for Ada
Analysis of Ambcrypto has shown that Ada has formed a symmetrical triangular pattern, whereby the price action reduces between converging support and resistance lines.
Source: TradingView
This pattern often precedes an outbreak and ADA seems to be at a critical moment where a considerable price movement is expected.
The top of the triangle indicates that Ada will soon make a decisive move. If the price breaks up, this can indicate the start of a bullish trend.
Conversely, a downward break would indicate a continuous bearish.
A turning point in the trend of Ada
The TD sequential indicator has flashed a purchase signal on the daily graph for Ada, as noted in the analysis by Ali_Charts.
Source: X
This signal is especially important because the TD sequence is known to identify exhaustion points within a trend.
Since Ada has been in a downward trend, this purchase signal suggests that the current Bearish phase can approach the end.
The purchase signal is well matched by the consolidation phase indicated by the symmetrical triangle, which enhances the case for a potential upward shift in the price of ADA.
Balancing forces at stake
The financing speed for ADA is currently close to neutral, standing at 0.0035, which implies that there is no strong bias in the direction of long or short positions in the market.
However, the somewhat positive rate hints on a small premium for covering long positions. This may indicate a growing interest in buying, which can support a price increase if more traders decide to take long positions.
It also shows Futures bid and asks Delta, which floats at 3.473 m, a relatively balanced market, with the buying and selling interest almost match.
Nevertheless, the positive delta suggests a slight handrail to purchase activity, which, if maintained, could generate the price of ADA higher.
Contrary indicators suggest …
The whale index for ADA is currently on -163,9550, which suggests a bearish sentiment from large holders. At first glance, this may seem to worry, but the whale index often acts as a contrary indicator.
If whales are less optimistic, this may indicate a potential buying for retail investors, because large holders may be less inclined to sell at these levels.
The negative whale index can indicate that the sales pressure is decreasing, creating space for a price increase.
If this trend reverses and starting whales with collecting ADA, this could considerably stimulate the price, in line with bullish signs of the TD sequential and the potential outbreak of the triangle.
-Elek Cardano (ADA) Price forecast 2025-26
The technical setup for the Altcoin shows increasing signs of a potential rebound.
The symmetrical triangular pattern, bullish MacD -Crosover, TD sequential purchase signal, neutral to somewhat positive financing speeds and a contrary whale index suggest a consolidation phase that could lead to an outbreak.
If these indicators are in force, ADA can experience a significant price increase, offering a possible buying option for traders.