Cardano (ADA) Surges 12% to $0.22 After Waller Comments Ease Rate Fears

TD Sequential Buy Signal Reappears

Cardano (ADA), the proof-of-stake layer 1 platform, delivered one of the strongest performances among major altcoins this session, and a well-followed market technician believes the move may only be starting. Analyst Ali Martinez flagged on X that the token’s daily chart has printed a fresh Tom DeMark (TD) Sequential buy setup — a timing indicator that compares consecutive closes to flag trend exhaustion, and one that has previously marked ADA price bottoms before double-digit percentage rebounds. The signal landed just as ADA reclaimed the $0.20 psychological level, a threshold it had lost during the prior week’s drawdown. In his view, another rebound may now be underway. On-chain exchange flow data reinforces the case: over the past several days, ADA outflows from centralized platforms have consistently exceeded inflows, a pattern consistent with investors moving coins into self-custody and trimming immediately available sell-side supply. The mechanism is mechanical — coins held off-exchange cannot be sold at a moment’s notice, so sustained net outflows tighten float and reduce immediate selling pressure. Exchange netflow has been among the cleaner structural signals for Cardano this quarter. Analyst sentiment is turning constructive alongside the flows. Sjuul of AltCryptoGems observed that ADA has genuinely surprised him this cycle, printing “very strong higher highs, one after the other in a perfectly bullish fashion,” adding that it is “probably not a coin I would fade in the coming months.” Another market commentator argued the asset “survived the deep retrace” and that a decisive break above $0.205 would make the recovery start looking a lot more serious.

flagged on Xhttps://x.com/alicharts/status/2095158468193960171

Waller Comments and a 127% Volume Spike

Macro conditions did the heavy lifting on the demand side. Fed Governor Christopher Waller said the central bank could hold its benchmark rate at current levels if upcoming inflation data cooperates, sharply reducing the market-implied probability of a September rate hike. That easing of monetary-tightening fears revived liquidity expectations and set off rotation into high-beta altcoins. Price data shows ADA climbing 12.9% over 24 hours to $0.224 — nearly triple the broader market’s 4.8% gain — while the layer-1 sector as a whole rose 5.4%, confirming the rotation rather than a coin-specific story. The token sliced through its $0.20 psychological resistance and its 7-day simple moving average in a single session, and the breakout came with genuine participation: 24-hour trading volume surged 127% to roughly $696 million, evidence of strong buy-side demand rather than a thin-liquidity squeeze. A retail sentiment gauge flipped positive at 5.12, and the daily chart printed the same TD Sequential buy setup that past ADA rallies have started from. Traders now turn to the September 11 CPI report for August as the next macro catalyst. Technically, ADA is probing the $0.23–$0.25 resistance band. A daily close above the 38.2% Fibonacci retracement near $0.225 would keep momentum intact, while a clean break of $0.25 that flips it into support opens targets in the $0.28–$0.31 zone. Rejection near $0.25, by contrast, risks a short-term consolidation phase, with the $0.214–$0.22 area — the 50% Fibonacci level and the recent breakout shelf — as first support. Losing $0.20 would expose $0.19. The rally also extends a positive stretch for the Cardano ecosystem, which earlier this week saw the token jump 5% as Sony-linked S.BLOX opened Japan trading. Holders positioning for a sustained recovery can review how to stake Cardano (ADA) with a Ledger hardware wallet. Readers tracking the market in real time can follow live spot and futures prices on Bitget.

$0.2479 Resistance in Focus

COINOTAG’s 42-indicator composite S/R scoring engine rates the $0.2479 resistance at 73/100 from the confluence of the low-volume node, Value Area High and Donchian Upper band; just beneath, $0.2260 scores 68/100 via the Fibo 0.236, Keltner Upper and ATR Upper confluence. Downside, $0.2125 carries our strongest support rating at 87/100 (Fibo 0.382, Ichimoku Kijun, ATR Lower). ADA’s market cap stands at $8.31 billion with spot trading at $0.2214, and derivatives skew long: funding at 0.0029%, open interest at $177.96 million, and a 2.22 long/short ratio (69% long) — crowded positioning that cuts both ways. RSI at 63.17, a bearish MACD signal and a sideways trend flag cooling momentum, with Fear & Greed at 65 (Greed). The bullish thesis holds while $0.2125 does; a daily close below invalidates.