Cardano Volume Soars 92%: Why Investors Are Rotating Into ADA?
6 Articles
6 Articles
Cardano Targets $1.05 After Breaking $0.84
Cardano breaks $0.84, targets $1.05 with strong volume and momentum signals. ADA trades above VWAP, MACD bullish as RSI confirms strong buyer activity. Derivatives volume surges 99%, indicating institutional support for Cardano’s breakout trend. Cardano (ADA) has breached the price of $0.84. This is an indication of a serious shift of momentum in the market. TradingView chart shows that the price touched a peak of $0.8961 to close at $0.8485. An…
Cardano (ADA) Bulls Target $1.31 After Surpassing $0.85 Mark – MAXBIT
TL;DR ADA breaks resistance at $0.74 and tests $0.85 as bulls push toward higher price levels. Analysts eye $1.18 and $1.31 targets if ADA closes daily above the $0.85 breakout level. Open Interest on ADA hits $1.65 billion, setting a new record and showing rising trader confidence. Cardano Holds Gains Near $0.85 After Breakout Cardano...
Cardano Volume Soars 92%: Why Investors Are Rotating Into ADA?
The post Cardano Volume Soars 92%: Why Investors Are Rotating Into ADA? appeared on BitcoinEthereumNews.com. Key Notes ADA achieved its first daily close above the 200-day moving average since March, signaling potential trend reversal. Open Interest jumped 12.06% to $1.45 billion while trade volume soared 92.42%, indicating strong institutional commitment. Critical support at $0.76 must hold for bulls to target $0.9053 resistance and validate ma…
Cardano Open Interest nears record as bullish bets increase and momentum gains strength
Cardano (ADA) ticks higher by over 7% at press time on Thursday, reclaiming the $0.80 mark and hitting a new over one-month high. Both the increasing bullish bets on Cardano and the ADA Open Interest crossing $1.40 billion reflect the upbeat sentiment among derivative traders.
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