Source: TokenPost
Original Title: Cardano(ADA), Rebound Signal Detected… Attention on Uptrend Reversal at TD Sequential ‘9’ Point
Original Link:
ADA Price Trend Shows Reversal
The technical outlook for ADA (Cardano) shows signs of a rebound. A buy signal appears in the TD Sequential indicator, drawing market attention to the possibility of an upward reversal.
Blockchain analyst Ali Martinez pointed out that ADA recorded a “9” in the TD Sequential indicator. This indicator tracks whether the price flow meets certain conditions through a count from 1 to 9, mainly used to identify “overheated” or “trend weakening” points. The current signal indicates that ADA met the relevant conditions at the $0.37 price level, which could serve as a short-term bottom.
Martinez stated, “If a rebound occurs at $0.37, the first target will be $0.54. This range has shown strong demand even during a year-long decline and could become a support for future upward trends.”
Multiple Technical Indicators Support Reversal Possibility
The credibility of this signal hinges on the fact that this price level is a “technically important support line.” Besides TD Sequential, key indicators such as Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) also point to a flawless reversal possibility at a similar time.
RSI has been gradually raising its lows during the recent rebound, attempting to break above the 50 line. This indicates weakening selling pressure and increasing buying strength. MACD remains balanced before a death cross (downward crossover). In other words, the current price is a critical juncture for determining future movement.
If ADA decisively breaks through the $0.54 resistance level, Martinez suggests there could be up to 380% upside potential. Based on this scenario, the target price could reach $1.80. Of course, this is based on ideal chart pattern development assumptions.
SUBBD as a Promising Next-Generation Project Gains Attention
In addition to analysis based on trading signals, experts have observed capital flowing into “next-generation promising projects” during the upcoming upward cycle. A typical example is the subscription-based content platform SUBBD.
SUBBD is a decentralized platform that uses artificial intelligence to enable creators and fans to communicate directly and generate revenue. It offers a blockchain token access rights solution to address the issue of excessive intermediary fees charged by traditional streaming services and content distribution platforms.
The platform has raised about $1.4 million in pre-sales, demonstrating meaningful application value in the early growth stage of the subscription economy market. Users can access exclusive content, early releases, and interact with creators through the $SUBBD token.
Analysts point out that even if SUBBD only accounts for a small part of the entire $85 billion subscription economy market, the market value of this token could experience significant changes.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
ADA detects rebound signal: TD Sequential indicator shows a key turning point
Source: TokenPost Original Title: Cardano(ADA), Rebound Signal Detected… Attention on Uptrend Reversal at TD Sequential ‘9’ Point Original Link:
ADA Price Trend Shows Reversal
The technical outlook for ADA (Cardano) shows signs of a rebound. A buy signal appears in the TD Sequential indicator, drawing market attention to the possibility of an upward reversal.
Blockchain analyst Ali Martinez pointed out that ADA recorded a “9” in the TD Sequential indicator. This indicator tracks whether the price flow meets certain conditions through a count from 1 to 9, mainly used to identify “overheated” or “trend weakening” points. The current signal indicates that ADA met the relevant conditions at the $0.37 price level, which could serve as a short-term bottom.
Martinez stated, “If a rebound occurs at $0.37, the first target will be $0.54. This range has shown strong demand even during a year-long decline and could become a support for future upward trends.”
Multiple Technical Indicators Support Reversal Possibility
The credibility of this signal hinges on the fact that this price level is a “technically important support line.” Besides TD Sequential, key indicators such as Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) also point to a flawless reversal possibility at a similar time.
RSI has been gradually raising its lows during the recent rebound, attempting to break above the 50 line. This indicates weakening selling pressure and increasing buying strength. MACD remains balanced before a death cross (downward crossover). In other words, the current price is a critical juncture for determining future movement.
If ADA decisively breaks through the $0.54 resistance level, Martinez suggests there could be up to 380% upside potential. Based on this scenario, the target price could reach $1.80. Of course, this is based on ideal chart pattern development assumptions.
SUBBD as a Promising Next-Generation Project Gains Attention
In addition to analysis based on trading signals, experts have observed capital flowing into “next-generation promising projects” during the upcoming upward cycle. A typical example is the subscription-based content platform SUBBD.
SUBBD is a decentralized platform that uses artificial intelligence to enable creators and fans to communicate directly and generate revenue. It offers a blockchain token access rights solution to address the issue of excessive intermediary fees charged by traditional streaming services and content distribution platforms.
The platform has raised about $1.4 million in pre-sales, demonstrating meaningful application value in the early growth stage of the subscription economy market. Users can access exclusive content, early releases, and interact with creators through the $SUBBD token.
Analysts point out that even if SUBBD only accounts for a small part of the entire $85 billion subscription economy market, the market value of this token could experience significant changes.