ADA
Rationale
ADA OI at 208.76M contracts (+3.96% in 24h) shows fresh capital inflow despite recent price weakness. Current price at $0.2904 with significant volume spikes during selloffs (58M+ volume during climax down events). Order book shows balanced liquidity with $129K bid depth vs $145K ask depth. Key institutional signals: OI rising while price consolidating suggests accumulation phase. 7-day OI decline from 224M peak indicates some position unwinding but recent 24h uptick signals renewed interest. Watch for funding rate data and monitor $0.299 resistance where liquidation clusters exist.
Cardano (ADA) is a cryptocurrency launched in 2017. Cardano has a current supply of 44,994,771,011.645423 with 35,893,941,446.258789 in circulation. The last known price of Cardano is 0.41516868 USD and is down -1.34 over the last 24 hours. It is currently trading on 1629 active market(s) with $391,624,039.39 traded over the last 24 hours. More information can be found at https://www.cardano.org.
- Launched
- Sep 2017