Cardano Price Targets $0.33 After ADA Buy Signal Appears

ADA traded near $0.27 on Tuesday as traders watched whether support near $0.25 could hold. However, analysts say ADA crypto may be nearing a recovery phase as technical signals improve and whale wallets keep accumulating. The market still needs to defend the $0.25 support zone before a stronger rebound can develop.

Cardano Price Prints Fresh Buy Signal

Ali Charts stated that Cardano price may be preparing for a larger rebound after the SuperTrend indicator flipped bullish on the daily timeframe.

The same indicator previously flashed a sell signal in Sept. 2025 before ADA entered a prolonged decline of roughly 73%.

After months of weakness, the indicator has now printed a fresh buy signal. According to the analyst, this suggests that local selling pressure may be fading. It also shows that trend conditions are beginning to shift after a long downtrend.

Ali expects ADA crypto to move toward the $0.33 resistance zone if momentum improves. If buyers sustain that move, his secondary target sits near $0.42. However, the bullish outlook depends on Cardano price holding the $0.25 support level.

A break below $0.25 would delay the recovery setup. That would also show that sellers still control the short-term structure. For now, the buy signal gives bulls their first clear technical improvement in months.

ADA Crypto Corrective Structure Still Limits Upside

However, More Crypto Online offered a more cautious Elliott Wave view. The analyst said ADA’s current upside still looks corrective rather than impulsive. That means a local top could form at any stage if buyers fail to increase momentum.

The first important support zone sits between $0.254 and $0.266. ADA crypto is currently testing this area, making it key for the next short-term move. As long as this zone holds, the market may still attempt another fifth wave higher.

The next upside level sits around $0.30. A move above that area could keep the direct recovery scenario alive. However, the analyst said upside momentum remains limited for now.

If ADA price breaks below the upper support area, attention would shift toward the lower support band between $0.227 and $0.233. A decline into that zone would not be surprising under current market conditions. It would also suggest that the recovery needs more time before a stronger trend develops.

Whale Wallets Continue Adding ADA

Meanwhile, on-chain data from Santiment adds another layer to the Cardano outlook. Wallets holding at least 1 million ADA now control 25.09 billion tokens. This marks an all-time high for this holder group.

These wallets now hold roughly 67.47% of Cardano’s circulating supply, the highest level recorded since July 2020.

The accumulation trend continued even after ADA lost more than 70% of its market value during the past nine months.

Large holders typically accumulate during periods of weak sentiment and lower volatility. That positioning can later accelerate price moves once broader market demand returns.

For now, ADA remains trapped between weakening market momentum and continued whale accumulation. The $0.25 level still acts as the most important short-term support zone.