\n\t\t\t\t\t\t\t\t\tCardano trades at $0.466 as RSI divergence and a TD Sequential 9 signal emerge. Whale selling and exchange outflows add mixed pressure.\t\t\t\t\t\t\t\t<\/p>\n<\/p><\/div>\n
Cardano (ADA) is showing early signs of a potential short-term shift. At the time of writing, the asset traded at $0.466, with a slight drop in the last 24 hours and an 18% decline over the past week.<\/p>\n
While pressure on the asset remains, recent indicators suggest a pause in the current downtrend.<\/p>\n
Technical Signals Show Change in Momentum<\/h2>\n
Analyst Ali Martinez reported<\/a> a bullish divergence between ADA\u2019s price and the Relative Strength Index (RSI). The price has continued to post lower lows, but the RSI is rising. This divergence may reflect a loss of selling strength.<\/p>\n A TD Sequential \u201c9\u201d buy signal has also appeared on the daily chart. These setups are often monitored for early trend shifts. Martinez commented, \u201cA rebound is coming!<\/em>\u201d as long as the divergence remains intact.<\/p>\n In addition, ADA is trading slightly below its 4-hour 9-period simple moving average (SMA), which stands at $0.47. The asset has moved sideways since mid-November, narrowing its range. This shows that momentum remains weak but stable.<\/p>\n The MACD line has moved above the signal line, and the histogram has reversed to positive. Though the signal is still forming, it implies that the latest sell-off might be losing its strength.<\/p>\n Recent on-chain data shows continued outflows from spot exchanges. On November 19, net outflows totaled $1.80 million, according to CoinGlass. Traders appear to be withdrawing ADA from exchanges, possibly for long-term holding.<\/p>\n Despite these outflows, ADA\u2019s price has continued to fall. This trend points to weak demand, with buyers not stepping in despite the lower available supply. Outflows alone have not supported a recovery in price.<\/p>\n Platform data from Market Prophit shows<\/a> that public sentiment toward ADA is currently negative, while its internal model indicates a bullish outlook. This reflects a split view across participants.<\/p>\n Analyst Man Of Bitcoin noted<\/a>,<\/p>\n \u201cThe reaction so far appears weak, and a break below the last swing low would open the door to the next downside target at $0.427.\u201d<\/p>\n<\/blockquote>\n Meanwhile, large holders have reduced exposure. Over the past month, whales have reportedly<\/a> sold 440 million ADA, which may continue to weigh on short-term price action.<\/p>\nOn-Chain Flows Remain Negative<\/h2>\n
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Sentiment and Whale Activity Remain Mixed<\/h2>\n
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