Cardano Signal Flips Bullish: Is a Major Price Reversal Underway?
A closely watched technical indicator on Cardano’s daily chart has officially turned bullish, signaling a potential end to months of downward momentum.
The SuperTrend Reversal
Renowned crypto analyst Ali Martinez recently highlighted that the SuperTrend indicator for Cardano (ADA) has flipped to a buy signal. This development is particularly notable given the indicator's historical accuracy; it last flashed a "sell" signal in late September 2025, which preceded a staggering 73% decline in the asset's value. According to Martinez, this shift suggests that the local exhaustion phase has concluded, paving the way for a long-awaited trend reversal.
Key Price Targets and Support
While the signal is promising, Martinez warns that it is not a guaranteed continuation of the trend. He has identified $0.25 as the critical invalidation level that must hold to maintain this bullish outlook. On the upside, the first major hurdle is a resistance zone at $0.33. If buying momentum persists and breaks through that ceiling, the secondary price target is set at $0.42, representing significant recovery potential from current levels.
Whale Accumulation Hits Record Highs
Supporting the technical breakout is strong on-chain data from Santiment, which reveals aggressive accumulation by Cardano’s largest stakeholders. Wallets holding at least 1 million ADA now control a record 25.09 billion tokens—approximately 67.47% of the total circulating supply. This level of concentration among "sharks" and "whales" is the highest recorded since July 2020, suggesting that major investors are viewing the recent price discounts as a prime buying opportunity despite the recent market contraction.