Category: Crypto News, News
ADA Risks Breakdown As $25M Outflows Clash With Leios Milestone
- ADA faces $25M in outflows over 3 weeks, signaling reduced accumulation.
- Price holds $0.63 support inside triangle, with risk of breakdown below $0.62.
- Leios upgrade milestone reinforces long-term fundamentals despite weak liquidity.
Cardano price today trades near $0.63, holding slightly above support as weakness spreads through the altcoin market. The token’s consolidation inside a tightening triangle signals growing pressure, with sentiment shifting toward caution while institutional flows retreat from risk assets.
CoinShares reported $300,000 in ADA outflows this week, reversing the prior week’s inflows. The rotation follows delays in crypto ETF approvals and a broader pullback in speculative exposure. Traders have shifted focus to Bitcoin and cash-based holdings, leaving ADA exposed to volatility if support fails.
Buyers Defend Support As ADA Trades Wit…
Read The Full Article Cardano Price Prediction: ADA Risks Breakdown As $25M Outflows Clash With Leios Milestone On Coin Edition.
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