Analyst Ali Martinez thinks Cardano may be entering a new bullish phase. That is after a key technical indicator flipped positive for the first time in months.
In a recent post on X, Martinez said the SuperTrend indicator has issued a fresh buy signal on ADA’s daily chart. He described the indicator as one of his most reliable tools for tracking Cardano’s long-term direction. According to him, the same indicator previously flashed a sell signal on September 25, 2025. That call accurately marked the start of a 73% correction in Cardano’s price.
After enduring months of heavy downside pressure, Martinez believes the exhaustion phase may be ending. In other words, a trend reversal could be happening.
Key Resistance Levels
Martinez explained that the recent change in the SuperTrend indicator suggests Cardano could be preparing for a strong upward move if current support levels hold. He identified $0.33 as the first major resistance target. With ADA currently trading at $0.2668, a rally to that level would represent an increase of about 23.2% from current prices.
If bullish momentum continues beyond that point, Martinez expects Cardano to push toward a secondary target of $0.42. That move would represent a gain of roughly 56.8% from ADA’s current price.
However, the analyst also pointed to the importance of the $0.25 support zone. According to Martinez, his bullish outlook remains valid as long as ADA stays above that level. A breakdown below $0.25 could delay the expected recovery and potentially weaken the current setup.
Price Gradually Climbs
According to CoinMarketCap data, Cardano is trading at $0.2668, up 0.83% over the past 24 hours. ADA has also posted gains of around 1.32% over the past week. Its monthly performance extends to roughly 12%.
Cardano’s latest daily move has closely tracked the broader crypto market trend. Over the past day, Bitcoin touched $82,000 before retracing. This suggests ADA’s recent recovery is partly supported by improving market-wide sentiment.
Long-Term Outlook: $4 Target
In a separate update, analyst Celal Kucuker argued that Cardano is one of the strongest candidates in the current bull cycle. He said its long-term chart structure is “incredibly clean.”
He projects a potential move toward $4.21 if ADA breaks above key resistance near $1. A rally to $4 from current levels around $0.2600 would represent gains of nearly 1,394%. That would surpass ADA’s 2021 all-time high of $3.10.
Given these prospects, whales are already aggressively accumulating ADA. Millionaire wallets now control a record 25.09 billion ADA, representing over 67% of the circulating supply.
Notably, accumulation has continued since December 2023 despite a 71% price drop during the period. This suggests large investors are positioning for a long-term recovery rather than an exit.
