Cardano (ADA) Shows Signs of Turning Around: New Buy Signals Emerge

Cardano (ADA) has experienced significant price drops in recent weeks, aligning with broader weakness across the cryptocurrency market. The asset is currently trading around $0.53 after a 3% drop over the past 24 hours and a 18% decline in the last week, reaching a 37% dip over the past 30 days. Despite this downtrend, recent technical developments have attracted market analysts’ attention. The TD Sequential Indicator has triggered a buy signal for ADA on the three-day chart.