Cardano

Cardano: Can shorts take advantage of ADA’s dwindling volume

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contributor Posted: September 25, 2023 Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. ADA confined to compact trading range, as buyers were unable to rally.  Shorts looked to ramp up selling pressure with a large share of open contracts. Cardano’s [ADA] dwindling …

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Cardano: Will ADA react to the spike in development activity 

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Journalist Posted: September 25, 2023 ADA’s development activity and active development contributor count spiked last week. The token was down by nearly 2%, but investor confidence in ADA remained high. Cardano’s [ADA] development activity spiked sharply over the last seven days, reflecting developers’ efforts to improve the blockchain. Input Output Global also released its latest …

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Cardano: Network activity rises while ADA plummets – what next?

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Journalist Posted: September 5, 2023 Cardano’s weekly transaction volume exploded 1,726% since late January. Despite these developments, the network was highly overvalued. While the bout of volatility in the crypto market was welcomed, there were more tears than cheers for participants looking to profit from price increases. Read Cardano’s [ADA] Price Prediction 2023-24 Much like the rest …

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Cardano: Can shorting ADA lead to more gains for traders?

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Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Selling pressure rebuffed bullish rebound attempts. Shorts look to extend gains with a major share of exchange long/short ratio. Cardano’s [ADA] retest of the $0.3 resistance level saw bulls on the losing end, as …

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