Cardano Struggles with Recovery: Weak Inflows

Cardano ADA struggles recovery market sentiment

Cardano’s financing rate has fluctuated between positive and negative over the last week, indicating erratic market sentiment. The fact that there are currently more short contracts than long positions indicates that traders anticipate more drops. This has put downward pressure on ADA’s price, making recovery difficult. Supporting the fight is Cardano’s Chaikin Money Flow (CMF) … Read more