Strong Bullish Rebound: Cardano Shows 3 Key Indicators for Recovery in 2025

Bullish Signals for Cardano: Cardano (ADA) is showing signs of a potential turnaround with bullish RSI divergence and a TD Sequential buy signal, indicating reduced sell pressure and possible price recovery.

Current Market Status: As of November, ADA is trading around $0.467, down over 3% in the last 24 hours and nearly 15% for the week, but technical indicators suggest a rebound may be imminent.

Network Fundamentals and Upcoming Launch: Despite an 8% drop in daily active users, transaction volumes remain strong, and the upcoming launch of the NIGHT token could enhance liquidity and drive growth in the Cardano ecosystem.

Key Price Levels and Risks: A rebound could target resistance levels at $0.50 and $0.62, but risks remain if ADA fails to hold above $0.45, with long-term holders eyeing potential growth towards $1 by year-end.