Cardano (ADA) Primed for Rebound: Oversold Signals Clash With Game-Changing Wallet Adoption

ADA's brutal selloff hits extreme levels—just as institutional players circle.

Oversold meets opportunity

The third-generation blockchain's token bled out through Q2, with RSI levels now screaming buy. Meanwhile, whispers of major custody solutions integrating ADA wallets suggest sharks smell blood in the water.

Wallet wars heat up

While retail traders panic-sell, infrastructure builders are quietly laying pipelines for institutional ADA flows. The timing reeks of that classic crypto playbook: shake out weak hands before the real move.

Finance's open secret: Everyone front-runs the 'surprise' partnerships.

TLDR

• Cardano has been added to Brave Wallet’s beta program, giving ADA exposure to 88 million monthly active users
• Technical analysis shows rare buy/sell pressure reversal signal that historically precedes price rallies
• ADA trades at $0.60, down 0.5% daily, with RSI at 32.86 indicating oversold conditions
• Trading volume dropped 47.3% to $360 million as derivatives activity declined 42%
• Previous pressure delta signals have failed to reverse ADA’s downtrend against Bitcoin

Cardano has been integrated into the beta version of Brave Wallet, marking a development that could expose the blockchain to millions of new users. The privacy-focused browser serves 88 million monthly active users who can now access Cardano directly through the wallet interface.

🚨Cardano now in the beta version of Brave!

That's 88 million monthly active users!

Also, BAT holders get the Midnight NIGHT airdrop. #Cardano @IOHK_Charles pic.twitter.com/D0bOyvHbnV

— St₳ke with Pride 🌈 SPO & DRep (@StakeWithPride) June 19, 2025

The integration was first spotted by cardano community members on June 19. Input Output, Cardano’s core development firm, and Brave Software had previously announced plans for this integration in May.

Users can now send, receive, swap, and sign transactions using Cardano assets within the browser. The wallet also supports token management for assets like Midnight’s NIGHT token and allows participation in decentralized applications and governance activities.

Despite this development, ADA’s price has not responded positively. The token currently trades at $0.6002, representing a 0.5% decline on the day. This price sits NEAR the lower end of its seven-day trading range between $0.5913 and $0.6556.

Market activity has weakened across multiple metrics. Trading volume fell 47.3% to $360 million in the past 24 hours. Derivatives markets show similar trends with open interest declining slightly and derivatives volume dropping 42%.

Technical Indicators Show Mixed Signals

Technical analysis reveals ADA remains in a clearly defined downtrend since mid-April. The token trades below all major moving averages from the 10-day to the 200-day timeframe. This positioning indicates strong bearish momentum continues to dominate price action.

The Relative Strength Index sits at 32.86, approaching oversold territory but lacking clear reversal signals. Bollinger Bands have narrowed with the lower band around $0.5899 providing nearby support. ADA’s position against this lower band suggests ongoing selling pressure.

Moving Average Convergence Divergence remains in negative territory. The Stochastic RSI shows deeply oversold conditions but lacks definitive bullish divergence patterns.

However, some analysts point to potential reversal signals. CEO of Alphractal, Joao Wedson, highlighted a rare buy/sell pressure delta reversal in ADA’s charts. This technical pattern has historically preceded price upswings in 2020 and 2021.

Historical Context Urges Caution

The buy/sell pressure delta for both ADA/USDT and ADA/BTC pairs shows climbing momentum out of prolonged sell zones. This transition mirrors patterns seen before major rallies in previous years.

Yet historical data shows multiple false starts. Previous green pressure surges have failed to shift ADA’s overall downtrend against Bitcoin. Several past buy pressure moments did not translate into sustained price recovery.

Bitcoin’s continued dominance presents another challenge for ADA’s potential outperformance. While Bitcoin holds above $104,000 with neutral RSI at 47.80, ADA’s steeper losses may position it for stronger rebound potential.

The Commodity Channel Index at -124 suggests possible short-term rebound scenarios. A sustained MOVE above $0.63 supported by fresh volume could target the $0.70 resistance zone.

Conversely, rejection at the 10-day EMA around $0.6265 WOULD validate the current downward trend. Failure to maintain support above $0.59 could lead to deeper declines toward $0.55.

ADA’s integration with Brave Wallet represents the latest attempt to expand the blockchain’s user base while the token continues trading near multi-month lows.