Cardano’s price breakout could trigger the next ADA squeeze or trap leveraged bulls
Cardano's value has climbed about 42% since Sept. 16, taking ADA from roughly $0.19 to $0.27, and the positioning behind the move has expanded faster than the dollar liquidity beneath it. Santiment counted 413 transactions of $100,000 or more on Oct. 5, the highest since June 4 and about 2.2 times the recent weekday baseline, […] The post Cardano’s price breakout could trigger the next ADA squeeze or trap leveraged bulls appeared first on CryptoSlate.
Key Takeaways
- Cardano's value has climbed about 42% since Sept.
- 16, taking ADA from roughly $0.19 to $0.27, and the positioning behind the move has expanded faster than the dollar liquidity beneath it.
- Santiment counted 413 transactions of $100,000 or more on Oct.
Summary generated by IndiCrypto from CryptoSlate. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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