May 7, 2025

Cardano (ADA) Faces Bearish Trend as Futures Open Interest and Price Decline

1 min read

Cardano’s (ADA) recent performance has raised eyebrows in the crypto market as it slips below its 20-day EMA. Adding to the concern, the open interest in ADA futures has seen a marked decrease since early June. “The decline in ADA’s price is reflective of the reduced buying pressure we’ve seen over the past weeks,” an

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Source: CoinOtag

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