Cardano (ADA) Price: Reclaims $0.86 Support Level After Breaking Descending Wedge
TLDR Cardano has confirmed a breakout from its descending wedge pattern, trading near $0.89 Open Interest has jumped 6.51% to $1.78 billion, showing fresh capital flowing into ADA futures Exchange outflows of $2.51 million suggest reduced selling pressure and accumulation Binance data shows 73.13% of trader accounts are long on ADA with only 26.87% short [...]
The post Cardano (ADA) Price: Reclaims $0.86 Support Level After Breaking Descending Wedge appeared first on Blockonomi.
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