Cardano ADA Rises 30% Amid Bullish Analyst Calls and Correction Risks
Cardano (ADA)
Editor:
Eugene Serbin
Cardano’s ADA token climbed roughly 30% over the past week to reach its highest valuation since May, according to cvj.ai. The price hit approximately $0.25, prompting a wave of optimistic forecasts from market observers. X user CW identified an accumulation signal, noting that MACD and EMA trends are forming bullish momentum as the asset gathers energy for further gains.
Jesse Olson described the daily chart as flipping ultra bullish after breaking above a vital zone with higher highs and higher lows. Olson also highlighted a pending buy signal on the weekly chart, marking the first bullish reading on that timeframe in 14 months. More Crypto Online pointed to a specific bullish price channel, setting $0.315 as the next target to watch.
X user Sssebi predicted the token could do something really crazy, though no specific price level was provided. Conversely, Mork offered a contrasting view, identifying ADA as a favorite short setup while waiting for buyers to step in at resistance. Technical indicators show mixed signals, with the Relative Strength Index rising above 70 into overbought territory, suggesting a potential short-term correction is due.
How the market reacted
Whalio's own Binance spot order flow for ADA, measured when this story was written up on 23 September 2026. Not the outlet's figures.
Whalio spot data shows ADA trading at $0.2543 with a 1-hour buy ratio of 56.5% and a 4-hour buy ratio of 51.1%, indicating short-term buying pressure is currently dominant. This contrasts with the 24-hour buy ratio of 48.6%, suggesting that immediate momentum is fading compared to the broader daily trend. The 1-hour volume delta is positive at $131,340, while the 4-hour delta is positive at $148,198, showing net buying in the shorter timeframes. However, the 24-hour volume delta is negative at -$2,119,379, indicating that over the full day, sellers have outweighed buyers. The Cumulative Volume Delta closed at -$1,999,843, confirming that net selling pressure has persisted over the longer period despite recent intraday spikes. Spot volume for the 24-hour period reached $75,672,413 across 300,414 trades, reflecting active market participation.
The latest daily buy ratio of 45.6% sits at the 5th percentile of the last 322 days, against a median of 49.2% - among the weakest buying days it has had.
Was that an ordinary day?
The same Binance spot measurements for ADA, averaged over the days leading up to the story.
Over the preceding week, the average buy ratio was 50.4%, meaning the current 24-hour ratio of 48.6% is 1.8 points lower than the weekly average. This indicates that today is an unusually balanced day for the coin, with buying interest slightly below its recent norm. Volume activity has been intense, with 24-hour volume at 1.88 times the weekly average, signaling heightened trader attention. The coin experienced a 30.1% price increase over the eight-day period, driven by a total volume delta of +$1,771,503. While the price surge was substantial, the current day shows a slight retreat in buying dominance compared to the week's overall trajectory.