Resistance

<ul class="wp-block-list"><li>ADA’s latest Tom DeMark Sequential buy signal follows three recent signals that preceded rebounds of up to 50.9%.</li><li>ADA trades above its 50-day and 200-day moving averages, with the $0.196-$0.203 zone emerging as key support.</li><li>A break above $0.24 could open the path toward $0.256 and $0.275, while losing support may expose $0.178.</li></ul><p>Cardano’s ADA has received a new Tom DeMark Sequential buy signal as the token holds above key moving averages. Analyst Ali Charts <a href="https://x.com/alicharts/status/2095158468193960171?s=20" rel="noopener noreferrer nofollow">reported</a> the signal on ADA’s daily chart, while recent setups on June 25, July 15 and August 18 preceded rebounds of 44.5%, 11.5% and 50.9%, respectively.</p><h2 class="wp-block-heading" id="strong-analyst-points-to-another-ada-rebound-strong"><strong>Analyst Points to Another ADA Rebound</strong></h2><p>Ali Charts said the latest Sequential reading could indicate another <a href="https://cryptofrontnews.com/cardano-breakout-reshapes-ada-market-structure/" rel="noopener noreferrer nofollow">ADA</a> rebound. The indicator has previously marked three recent lows before strong price moves. The June 25 signal came before a 44.5% rally, according to the analyst.&nbsp;</p><p>The July 15 signal preceded an 11.5% rise, while August 18 came before a 50.9% increase. However, the latest signal arrives after ADA recovered from a deeper decline. That move now leaves traders watching whether the token can maintain its recent structure.</p><h2 class="wp-block-heading" id="strong-ada-moves-above-key-moving-averages-strong"><strong>ADA Moves Above Key Moving Averages</strong></h2><p>ADA traded near $0.27 to $0.28 in March before entering <a href="https://cryptofrontnews.com/ada-price-stalls-while-cardano-ecosystem-loses/" rel="noopener noreferrer nofollow">a prolonged decline</a>. The selloff intensified in June, sending the token toward $0.158 to $0.16. The decline later stabilized between $0.14 and $0.16 in late June.&nbsp;</p><figure class="wp-block-image size-large"><img src="https://cryptofrontnews.com/wp-content/uploads/2026/09/Cardano-ADA-11.52.45-03-Sep-2026-1-1024x347.png" alt="" class="wp-image-47036"><figcaption class="wp-element-caption"> Source: Santiment </figcaption></figure><p>From July, ADA formed higher lows and broke above $0.178. In August, the token climbed toward $0.24 before profit-taking pushed it back toward $0.20. ADA now trades around $0.208, while the 50-day moving average stands near $0.203.</p><p>Meanwhile, the 200-day moving average is around $0.196. ADA remains above both averages, and the 50-day average has moved above the 200-day average.</p><h2 class="wp-block-heading" id="strong-resistance-levels-keep-ada-traders-focused-strong"><strong>Resistance Levels Keep ADA Traders Focused</strong></h2><p>The current setup places $0.196 to $0.203 as a key support zone. Above price, $0.217 represents the first resistance level, followed by $0.236 to $0.240. That higher zone previously faced strong rejection during August’s rally.&nbsp;</p><p>A break above $0.24 could expose $0.256 and later $0.275. However, losing the $0.196 to $0.203 area could send <a href="https://cryptofrontnews.com/analyst-sees-ada-surging-to-10-as-cardano-whale-holdings-surge/" rel="noopener noreferrer nofollow">ADA toward $0.178</a>. Volume also expanded during August’s advance before later moderating.</p><p>The reading adds another technical reference as ADA trades near $0.208. The RSI is at 66.60, with its average at 65.95, while the MACD line remains above its signal line.</p>

Cardano’s (ADA) Gets New Buy Signal as Analysts Watch $0.24 Resistance

Table of Contents

CFN

Other articles published on Sep 3, 2026

Nvidia buys Hugging Face for $12.9B in push into AI software

Bitcoin chart flashes infamous 'Bart Simpson' pattern

Pons Price Prediction: Why Price is Up 17% Today, Reason & 10x Growth?

Tether Sued USDT Freeze: Thai Businessmen Demand $42.4M Return

PancakeSwap Is Responsible For Nearly 50% Of bStocks Volume

Coldcard hacker swaps stolen Bitcoin for ETH via THORChain

Join our free newsletter for daily crypto updates!