Crypto
Cardano ADA Price Prediction: Short Sellers Retreating Amid Clarity Act Vote
The Cardano (ADA) price prediction for September remains cautiously bullish as it approaches a crucial support zone between $0.1912 and $0.1955.
Active addresses on the network jumped 58% in August, reaching 298.9K, while derivatives volume surged 139.70%, indicating short covering rather than fresh selling.
The Clarity Act vote on September 15 is expected to bring increased volatility to the broader crypto market, with some analysts predicting a possible breakout after the event.