Cardano Oversost? Vulture of open attention data to overcome upward expectations
Cardano (ADA) seems to be the largest encrypted currency in the tenth place by market value, exaggerated after the price decreased after regional tensions in the Middle East. However, in the past 24 hours, Cardano signs with bullish signals as there was an increase in open attention.
Open interest climbing with the restoration of Cardano Eye Traders
according to Coinglass dataCardano’s open attention increased by 1.11 %, as 1.25 billion ADA was committed to the futures market. This folder translates from ADA into $ 680.99 million from Fiat currency. The development indicates that the market tends to recover.
according to Coinmarketcap Data, Cardano rose to its climax of $ 0.5513 with the revival of traders in ADA. ADA has declined a little back and currently exchanged at $ 0.5430, which represents a 0.51 % decrease in the past 24 hours.
Meanwhile, Cardano trading volume increased by 14.11 % to 997.38 million dollars. Hope for maintaining Cardano now relies on a large number of investors. If this view is continuing, ADA has the ability to achieve higher price levels.
It should be noted that the rise in open attention was more common among Binance, Bitget, Bybit, Gate.io. It is worth noting that Binance led $ 155.68 million, or 22.86 % of the committed amount. Other stock exchanges, bitget, bybit and gate.io, 18.84 %, 16.15 % and 13.85 %, respectively.
Cardano market morale is still optimistic
like U.Today mentionedCardano (RSI) index (RSI) may have reached excessive sales lands where the relative strength indicators have decreased to 23, indicating a possible reflection.
Meanwhile, Cardano recently struck a major landmark with 110 million transactions. These signs that grow adopted with continued activity in the series. The number of depicted portfolios also increased as a result.
Amid these positive feelings, Cardano investors trust that ADA will not slip from Top 10 encryption assets According to the market value. The original continues to standardize despite the fluctuations you face.