Why Is the Cardano Price Falling After Its 11% Jump?

Why Is the Cardano Price Falling After Its 11% Jump?

Cardano surged 11% while Bitcoin and Ethereum barely budged, making ADA the standout mover among major cryptocurrencies. But within three days, every gain vanished, leaving buyers who chased the spike nursing serious losses and raising hard questions about what actually sparked the rally.

Cardano’s ADA Falls 5.41% as Futures Open Interest Rises 17.25%

ADA settled at $0.24 after trading between $0.22 and $0.26, while mixed derivatives indicators left its next direction unresolved.

ADA Price Prediction: Pivot Test After a 5% Flush - Flat MACD Meets a Derivatives Surge

Cardano shed 5.41% to $0.24 on October 9, landing squarely at its technical pivot as the MACD histogram went flat and open interest on Binance futures surged 17.25% in 24 hours - all while the fund... (Read More)

What's driving Cardano's sell-off?