After a sharp decline in March, Cardano is showing signs of strength, climbing to $0.79 after a 17% jump in just a few days.
This rebound is being fueled not only by broader market optimism but also by shifting behavior within its investor base.
Recent on-chain data points to a stark contrast between short-term and long-term holders. While long-term wallets remain deep in unrealized losses, newer entrants—those holding for less than a month—are seeing gains. Historically, this kind of divergence marks a transitional phase, where selling pressure from older holders is gradually absorbed by bullish speculators.
Supporting the turnaround is Cardano’s MACD indicator, which currently suggests increasing bullish momentum. Rising histogram bars indicate growing strength, with no imminent signs of reversal. The momentum shift could help erase much of ADA’s earlier losses if the trend persists.
With sentiment improving and technicals aligning, Cardano appears to be entering a phase of quiet accumulation—and possibly a sustained recovery.
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