Ali Martinez of Crypto Analyst Ali Martinez says that the SuperTrend on Cardano’s chart daily has turned bullish months after this tool signaled the start to a steep fall. This call coincides with new on-chain information from Santiment, which shows that large ADA wallets are now retaining a record amount of supply.
Cardano SuperTrend Flips Bullish
Martinez described the new signal as noteworthy because it was based on the timing provided by the indicator. According to the post, the SuperTrend has been the most reliable way for the analyst to monitor Cardano’s major directional shifts. In the case of ADA, he pointed out a signal that was issued in September 2025 and preceded a fall of 73%.
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“The SuperTrend indicator has been my most accurate tool for anticipating Cardano’s long-term shifts. I’ve been tracking it closely since September 25, 2025, when it flashed a sell signal that perfectly timed the start of a 73% price decline. After months of this heavy correction, the indicator has just flipped.”
Martinez has attached levels to his new setup, which does not imply a trend continuation. The first area of resistance is $0.33, and the second target will be $0.42. momentum persists. His view is that the level of invalidation should be $0.25.
“To me, this suggests that the local exhaustion phase is over and a trend reversal is finally in play,” Martinez wrote. “I expect a surge toward the $0.33 resistance zone. If the momentum sustains, my secondary target is sitting at $0.42.”
ADA Whale Holdings Reach Record High
Santiment has also released a read on the chain that confirms Cardano’s biggest wallet cohort continues to accumulate through drawdown. The analytics firm claims that wallets with at least one million ADA tokens now hold 25,09 billion tokens. This represents 67.47%.
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“Cardano’s key stakeholders have slowly but surely accumulated, consistently adding more and more of the existing supply to their bags, dating back to December, 2023,” Santiment writes “Although the asset has lost -71% of its market cap over the past 9 months, the ‘millionaire’ tier of sharks and whales appear to be content with adding more while prices are at a discount.”
Santiment shows that 25,09 billion ADA is the highest ever balance for wallets with 1 million or more tokens. Also, the Santiment chart said that the supply share was the highest in July 2020. It creates for traders a tension that is familiar, but still important: concentration among larger holders This can be interpreted as a feeling of conviction in the midst of a downturn, and it makes price movements more responsive to future decisions on whether wallets are accumulated, stopped, or distributed into strength.
Together, these two signals provide ADA with a more stable short-term outlook than what it’s had throughout the majority of the recent correction. Martinez’s hypothesis relies on holding $0.25 as support. For the upside case, the SuperTrend signals must translate to sustained demand towards $0.33 or $0.42. Santiment’s data provides a further structural dimension to this view. It shows that the large holders increased their exposure as ADA’s market value declined sharply.
At the time of publication, ADA was trading at $0.2664.
Featured Image created using DALL.E and chart from TradingView.com
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Source: www.newsbtc.com
