Cardano Goes Bullish On-Chain Can ADA Price Catch Up?

Current Cardano Trade

ADA currently trading around $0.34, experiencing a 4% dip in the past 24 hours

Community Confidence in Cardano's Technology

As per recent Weiss Crypto survey, ADA wins by 76% of votes reflecting strong community support

Bullish On-Chain Signals for ADA

ADA's bullish Long/Short Ratio of 1.0167 and rising Futures Open Interest shows potential price increase

Future Predictions for ADA

ADA price is predicted to rise of 16.53% to $0.405879 by October 19, 2024

Neutral Market Sentiment

The Market Sentiment stands at 49 which advises to wait for better bullish signals

Overall Picture for Cardano

Mixed Indicators, Bullish Market Sentiments and Community Confidence favours growth for Cardano

For more insights on Cardano Price Predictions