Market News / Story
ADA Price Breaks Above 200-day EMA as Leverage Builds
Coinpedia ·
Coinpedia reports: The ADA price has climbed from $0.24 to $0.28, pushing above its 200-day EMA band and giving bulls something they have not had much of lately, visible momentum. That move could extend toward $0.40 if the bullish momentum holds. But the derivatives data makes the story more interesting. This does not look like a straightforward short squeeze. ADA Price Gains While Open Interest Climbs Santiment’s data shows ADA rose roughly 10% between October 3 and October 5. Over the…