A leading cryptocurrency analyst flagged a major bullish signal early Thursday, potentially fueling Cardano’s (CRYPTO: ADA) next rally.
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In an X post, Ali Martinez pointed to the SuperTrend indicator—a tool he has found to be the “most accurate” for anticipating ADA long-term movements.
The SuperTrend indicator is widely used for identifying market trends and potential entry and exit points in trading.
The analyst said that the same indicator flashed a “Sell” signal in September, preceding ADA’s 73% price decline
“After months of this heavy correction, the indicator has just flipped. I’m now seeing a fresh buy signal on Cardano’s daily chart,” Martinez stated.