Analyst Says Cardano (ADA) Could Be Ready to Bounce As Bullish Signal Flashes

Well-known crypto analyst Ali has highlighted a bullish setup for Cardano (ADA) on the hourly chart. According to Ali, the TD Sequential indicator has flashed a buy signal, suggesting that ADA could be gearing up for a potential bounce after recent price swings. This development comes as investors closely monitor altcoin momentum in the second half of August.

What the TD Sequential Means for ADA

The TD Sequential, developed by technical strategist Tom DeMark, is a tool used to identify potential exhaustion points in a trend. A buy signal typically occurs after a prolonged decline when selling pressure appears to be waning. On ADA’s hourly chart, the indicator suggests that sellers may be running out of steam, opening the door for buyers to step in.

While the TD Sequential can foreshadow reversals or relief rallies, it’s not foolproof. Traders typically wait for confirmation through strong hourly closes, growing volume, and alignment with broader market trends before treating the signal as a trading opportunity.

Buy signal on Cardano $ADA hourly from TD Sequential. Could be ready to bounce! pic.twitter.com/9HJRj1hCV1

— Ali (@ali_charts) August 18, 2025

Cardano’s Price Action in August

As of report time, ADA is trading at $0.90 across major exchanges. This follows a turbulent week for the asset. On August 12, Cardano fell to lows near $0.77, marking one of its sharpest intraday drops of the month. Just two days later, on August 14, the token spiked above $1.00, only to retreat again into a choppy consolidation zone.

This sequence of volatility reflects broader uncertainty across the crypto market. The recent pullback provided the conditions necessary for the TD Sequential’s hourly buy signal to emerge, making the current setup particularly noteworthy for short-term traders.

What Traders Should Watch Next

Ali’s analysis highlights a key tactical opportunity, but traders are urged to exercise caution. On the hourly timeframe, a bounce could take ADA back toward the $1.00–$1.10 range if momentum builds. However, without support from higher timeframes — such as the four-hour or daily charts — the move risks being just another short-lived retracement.

We are on twitter, follow us to connect with us :- @TimesTabloid1

— TimesTabloid (@TimesTabloid1) July 15, 2023

Market analysts remain divided on ADA’s immediate prospects. Some see the current signal as the early stages of renewed strength that could push the token beyond $1.10. Some warn that Cardano is still at risk of another sell-off, particularly if macroeconomic conditions deteriorate or Bitcoin’s price movements negatively impact altcoins.

Ali’s call of a TD Sequential buy setup on Cardano provides traders with an intriguing short-term signal. While the indicator suggests that ADA could be ready to bounce, confirmation will be crucial before stronger bullish momentum can be assumed. 

The hourly chart currently suggests some relief, but the overall market trend will decide whether this develops into a sustained rally or just another period of consolidation.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.

---

Follow us on Twitter, Facebook, Telegram, and Google News