Cardano Buy Signal Appears, ADA Price Eyes 40% Rally
Cardano's price has returned to a familiar technical setup following its recent pullback inside a broader recovery structure.
The ADA token now trades at around $0.20, and a fresh Tom DeMark Sequential buy signal has appeared on the daily chart.
This signal is significant because similar readings have occurred near previous Cardano bottoms before sizable rebounds followed.
A look at the Cardano price chart shows a clear higher high and higher low structure that started forming near the end of July.