Why Is Cardano Price Rising as Open Interest Jumps 25%?

Why is Cardano price rising as open interest jumps 25%?

Cardano trades near $0.279 as leverage and whale activity rise, while ADA tests $0.28 resistance after RealFi’s mainnet launch.

Santiment Says Fresh Leverage Joined Cardano Rally as ADA Funding Flipped Positive

Santiment questions the ADA short-squeeze narrative as Cardano open interest rises to $304 million alongside higher whale activity and fresh leverage. Cardano’s latest rally came with a sharp rise in leverage, complicating the idea that ADA moved higher mainly because shorts were forced out.Visit Website

ADA Price Breaks Above 200-day EMA as Leverage Builds

The post ADA Price Breaks Above 200-day EMA as Leverage Builds appeared first on Coinpedia Fintech News The ADA price has climbed from $0.24 to $0.28, pushing above its 200-day EMA band and giving bulls something they have not had much of lately, visible momentum. That move could extend toward $0.40 if the bullish momentum holds. But the derivatives data makes the story more interesting. This does not look like a straightforward …

Cardano (ADA) Surges to $0.273 Following RealFi Mainnet Launch and Increased Futures Activity

Cardano (ADA) gains 10% to $0.273 after RealFi mainnet launch. Futures open interest jumps 15% as traders eye $0.30 resistance amid 27% monthly rally.