Cardano (ADA) Key Support Level at $0.61 Faces Test, Bulls Target $0.84
-
最新报道：Background information: Cardano (ADA) is currently priced at around $0.6218, near the important support zone of $0.61 since early May. Market sentiment shows a rare unanimous bullish trend of retail and smart funds, with sentiment scores of 1.52 and 0.72 respectively, and the 90-day buyer-dominated cumulative volume difference (CVD) also supports the optimistic view. Main events: ADA prices are running within a descending channel, and although they have fallen 3.08% in the past 24 hours, the relative strength index (RSI) shows a potential reversal signal. On-chain derivatives data show that open interest has decreased by 3.35%, but the funding rate has turned positive, indicating that bulls are willing to pay to maintain their positions. The overall liquidity of the stablecoin market has decreased by 3.25%, but ADA buyer dominance remains strong. Binance futures data shows that longs account for 73.54%, shorts account for 26.46%, and the long-short ratio is 2.78, indicating that the market generally expects a rebound, but there is also a risk of support level breaking. Potential impact: If ADA can hold the $0.61 support, it could rally to the $0.84 upper channel resistance; if it breaks below this support, the market sentiment could quickly turn bearish. The next few days will test the sustainability of bullish confidence.
下一篇
Binance launches a product that earns interest on holding coins
- Binance has launched a Soft Staking product, which allows users to earn staking income thr...
24小时热点
热点专题
413209