Cardano Price shows promising signs of a possible reflection after a period of declining direction. Cardano’s daily candle scheme (ADA) against the US dollar shows a major development with the TD sequence index, which is known as indicating the possible direction repercussions.
According to a plan in which Ali Charts on X subscribes, ADA has reached an important technical turn. Trader analysis indicates a TD serial The “9” signal appears on April 5, indicating that the last declining momentum may be exhausting.
TD Sequential Signals a possible reflection of the Ada price
Daily candlestick from late March to early April 2025 shows that ADA has witnessed a declining trend, with many strong rolling candles followed by the youngest indicating multiple or monotheism. It is worth noting that the candles on April 4 and 5 are relatively small, which indicates a decrease in sales pressure and perhaps hint in forming down.
The TD “9” td sequence index displays a red candle on April 5, which is the main signal Ali stands out. This “9” in the TD serial setting usually indicates the exhaustion of the direction after a 9 -day rhetoric, which increases the possibility of action or rise in the coming days.
The gray arrow promotes the idea of a possible reflection. The support zone appears to be in a range of 0.620-0.655 dollars, as ADA wore several times recently. If this reflection is achieved, the immediate resistance and the goal will be near the level of 0.680-0.700 dollars.
Support area that maintains hard for Cardano
Since early November 2024, Cardano has tested the support area from 0.57 to $ 0.60 several times and respected it constantly. This horizontal area is firm and shows great interest in accumulation of buyers. The recent procedures of prices reveal a long fuse on candles, indicating that buyers are actively defending this decisive support level.
This style of keeping support has become increasingly important to Cardano’s medium -term expectations. The repeated defense of this area indicates a strong purchase pressure whenever ADA approaches these levels.
Trendline is the basic resistance of ADA
Ali’s chart analysis also highlighted an orange Qatari line indicating its highest level in December 2024. Every rally was rejected near this low direction line, which constitutes a structure of the descending triangle in Cardano’s book.
The possible collapse of this style will be great. If ADA can close this trend line in a large size, this may determine the decisive direction of the encrypted currency. Traders following the analysis of these lines are closely seen because it represents the basic barrier for high prices.
Also read: Analyst explains how Cardano (ADA) can rise to $ 50 – here is the horrific schedule
ADA’s apostasy scenario and price goals
If history repeats itself, Cardano price It can be bounced from a $ 0.6 region again, and it may collect towards the raised trend line ranging from 1.05 – 1.10 dollars. This will represent about 62 % profit from the current levels.
This height can happen quickly if the momentum begins, similar to what we saw with the ADA price movement in March 2025. Traders should monitor many major indicators to confirm this apostasy scenario:
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