๐Crypto world, heads up! Cardano (ADA) & Ripple's XRP are seeing heavy shorting after a brief price bounce. But don't fret, this could be a good sign for patient bulls!๐
๐Data from Santiment shows ADA & XRP shorting has spiked multiple times. This might make some traders nervous, but it could also mean a potential price rise is on the horizon.
๐ADA's MVRV ratio shows extreme undervaluation, hinting at bullish prospects. XRP's MVRV suggests mild bullish conditions. Historically, an oversold market often rebounds.
๐ฏADA is gearing up for the Chang hard fork, a major milestone that could boost its token. XRP is seeing minor spikes amidst a broader market downturn, with increased open interest indicating investors are anticipating a price rise.
๐What are your thoughts on ADA & XRP's future? Share your predictions below! #Crypto #ADA #XRP