Cardano's ADA token punched through the $0.25 resistance level Monday as the broader crypto market bounced. The move follows a brutal stretch — the asset has shed 71% of its market cap over the past nine months. But analyst Ali Martinez now sees a potential rally ahead, pointing to a SuperTrend Indicator flip on the daily chart.
SuperTrend flips bullish
Martinez noted that the SuperTrend Indicator switched to a buy signal on May 18. The same indicator had flashed a sell signal on September 25, 2025 — a call that preceded a 73% price slide. With the buy signal now active, Martinez sets a near-term target of $0.33 and a secondary target of $0.42 for ADA. Both targets depend on the $0.25 level holding as support.
Whale accumulation continues
While retail sentiment has soured, the big players have been loading up. Wallet addresses holding at least 1 million ADA have accumulated over 25.09 billion ADA since December 2023. That stash now represents 67.47% of the current supply. The buying spree suggests millionaire-tier holders see the current prices as a discount — a dynamic that historically has preceded steady upward moves.
Cardano's long road back
The 71% market-cap loss over nine months is no small wound. ADA is trading well below its all-time high, and the broader market still carries lingering uncertainty. Still, the combination of a technical buy signal and heavy whale accumulation gives the token a fighting chance. For now, all eyes are on that $0.25 support — if it breaks, the short-term thesis falls apart.
