Crypto Market Sees Slight Resurgence as ADA and SUI Flash Buy Signals
Cardano's native token, ADA, has surged by 6% in the past day, reclaiming the $0.20 psychological level.
The Tom DeMark Sequential indicator has flashed a buy signal for ADA, which on previous occasions, has identified price bottoms and been followed by double-digit increases, according to analyst Ali Martinez.
Another positive sign is the recent exchange net flow data showing outflows exceeding inflows, indicating investors have shifted from centralized platforms to self-custody, reducing immediate selling pressure.