Analytics

ADA Price Faces Crossroads: Will the 7-Month High NVT Ratio Lead to a Crash?

30.08.2024

ADA price is at a crossroads. With the Chang hard fork up ahead and a thin slice of support holding the price up, it is difficult to predict what will happen next. While on-chain metrics hint the market sentiment may be more bullish than bearish, analysis of traders’ behaviors shows they are bearish on the asset. Will ADA price survive the mixed sentiment in the market?

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30.08.2024
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