Cardano is showing signs of resilience after days of consolidation, holding firmly above the crucial $0.70 support level. Despite the broader market facing turbulence from ongoing macroeconomic uncertainty and heightened trade war fears, ADA has managed to maintain stability—offering hope to investors watching for a breakout. While Bitcoin and other altcoins have struggled under selling pressure, Cardano’s current structure could be setting the stage for a strong recovery rally.

Bulls now face the task of reclaiming higher levels to confirm a bullish reversal and capitalize on this window of opportunity. According to top analyst Ali Martinez, Cardano has just flashed a buy signal on the TD Sequential indicator on the 4-hour chart—an early sign that momentum may shift in favor of the bulls. Historically, this technical pattern has been a reliable indicator for short- to mid-term price rebounds, especially during consolidation phases like the one ADA is currently experiencing.

If this signal holds and buyers step in with strength, Cardano could soon challenge its next resistance zones and begin a new upward move. With sentiment across the market cautiously optimistic, ADA might be one of the first altcoins to lead the way in a broader recovery.

TD Sequential Signal Sparks Hope For Cardano

Cardano (ADA) has been standing out as one of the more resilient altcoins during a critical period of heightened selling pressure across the crypto market. While broader macroeconomic conditions—such as trade war fears and policy uncertainty—have pushed equities and crypto into volatile zones, ADA has managed to hold its ground above crucial support levels. This performance has caught the attention of investors and analysts who believe Cardano could lead the next leg up once the market finds its footing.

With the market beginning to form local lows and signs of a potential rebound emerging, sentiment is cautiously optimistic. Still, some experts warn that this could be a temporary pause in a larger corrective phase. The lack of clarity around global economic direction continues to cast a shadow over all risk assets, including crypto. For Cardano, however, a new technical development has sparked renewed hope.

Martinez’s analysis on X reveals the TD Sequential indicator has just flashed a buy signal on ADA’s 4-hour chart. Historically, this signal is known for predicting potential reversals or short-term trend changes, especially during periods of consolidation. If the pattern plays out, Cardano could be preparing for a breakout move, positioning itself ahead of many other altcoins.

A successful rebound would require ADA to reclaim higher resistance levels and confirm bullish momentum. But with a technical buy signal in place and market-wide signs of stabilization, the stage could be set for Cardano to initiate a recovery in the days ahead.

ADA Struggles Below $0.73

Cardano (ADA) is currently trading at $0.71 after several days of struggling to reclaim the 200-day exponential moving average (EMA) near $0.73. Despite the resistance, ADA has held firmly above the 200-day simple moving average (MA) around $0.70, a level acting as key demand support in recent sessions. This tight range between the 200-day MA and EMA reflects growing pressure on bulls and bears as ADA approaches a critical decision point.

For bulls to regain control and shift momentum in their favor, a decisive push above the $0.85 level is essential. Reclaiming this price zone would confirm a breakout from the current consolidation and potentially trigger a recovery rally toward higher resistance levels. Such a move would signal renewed bullish sentiment and open the door for ADA to revisit early 2024 highs.

On the downside, failure to hold the $0.70 level could spell trouble. If ADA drops below this support, a sharp move toward $0.60—or even lower—could follow, especially amid broader market weakness. A break below $0.60 would mark a significant technical breakdown, potentially wiping out recent gains and resetting ADA’s bullish structure. As price action tightens, the next few days will be critical for determining Cardano’s short-term direction.

Featured image from Dall-E, chart from TradingView 

XRP emerged as a major headliner in the past week as the US Securities and Exchange Commission (SEC) officially dropped its four-year case with Ripple. Notably, this development resulted in a significant demand for XRP as the altcoin surged over 13% to briefly trade at $2.60 on March 20. However, XRP has since retraced over the last 24 hours and is now valued at around $2.39. Albeit, the altcoin still remains set for major bullish gains based on recent analysis by market expert Egrag Crypto.

XRP Strong Monthly Close Indicates Major Upside Potential 

In an X post on March 21, Egrag Crypto shares an interesting bullish prediction on the XRP based on price action in recent months and the Fibonacci retracement levels. The analyst notes that XRP has consistently closed above Fib. 1.0 level over the past three months forming full body candles. This development demonstrates XRP’s resilience amidst an uncertain crypto market reinforcing the potential of bullish momentum. This is because full-body candles provide stronger confirmation of price movements compared to wick formations. With the altcoin maintaining such strong technical strength, Egrag predicts XRP could soon start gaining with its first price target at Fib 1.236. However, there is no serious resistance at this level suggesting a continuous surge to Fib Circle 5 and Fib 1.414 i.e. a price range of $5-$6.

Based on the Fibonacci levels, XRP could then see major price extensions to Fib 1.618 hinting at a potential price target of $9-$10. However, it is worth noting that the timing of these events is quite consequential for XRP and the general crypto market. According to Egrag Crypto, if the projected price gains occur between now and May, a price correction is likely to follow hinting at a continuation of the bull run and higher price targets for XRP.  However, if the anticipated price movements happen in the summer of 2025 or in Q4 2025, it could suggest a market top, marking the end of the current market cycle.

XRP Market Overview

According to Coincodex, market sentiment is currently neutral as the crypto market struggles to establish a clear trajectory. However, there are some significant potential positives for the fourth-largest cryptocurrency on the horizon. Aside from recent legal developments, Ripple CEO Brad Garlinghouse has expressed much optimism on an XRP Spot ETF suggesting a possible approval before 2025 runs out. In addition, Garlinghouse expects US President Donald Trump to include XRP in the digital asset stockpile. At the time of writing, XRP trades at $2.38 reflecting a 1.43% price loss in the past day. Meanwhile, the asset’s daily trading volume is down by 31.64% indicating a decline in market interest despite a recent price surge.