Cardano’s ADA gains 6% as bullish signals and exchange outflows draw focus

  • ADA rose 6% to reclaim $0.20 as Ali Martinez reported a new daily Tom DeMark Sequential buy signal.
  • Previous ADA signals preceded gains of 44.5%, 11.5% and 50.9%, while recent exchange outflows exceeded inflows.
  • SUI gained 7% to approximately $0.76 and XRP held a $1.31-$1.38 support zone amid additional bullish technical and flow signals.

Cardano’s native token ADA rose 6% to reclaim $0.20 as analyst Ali Martinez cited a new daily-chart Tom DeMark Sequential buy signal, a technical tool used to identify potential trend exhaustion and reversals. Martinez said comparable signals preceded ADA gains of 44.5%, 11.5% and 50.9% after June 25, July 15 and August 18, respectively. Recent ADA exchange outflows also exceeded inflows, potentially reducing immediate selling pressure as tokens moved into self-custody. Martinez reported a similar daily buy signal for SUI, which gained 7% to approximately $0.76 and could see a one-to-four-day rebound or begin a new bullish countdown. For XRP, more than 4.8 billion tokens had previously been purchased between $1.31 and $1.38, while US spot XRP ETFs accumulated more than $105 million last week; a break above $1.38 could confirm a bullish flag and put $2 back in play. Other analysts expressed bullish views on ADA and SUI, including a possible SUI move toward $10 in a bull market, but those projections remain forward-looking and the analysis is not investment advice.

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