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Cardano ($ADA) and XRP ($XRP) Face Increasing Short Positions: Potential for Long-Term Gains

Cardano ($ADA) and XRP ($XRP) Face Increasing Short Positions: Potential for Long-Term Gains


CoinOtag
2024-06-21 00:55:39

The cryptocurrency market is abuzz as short sellers increase their bets against Cardano ($ADA) and the native token of the XRP Ledger ($XRP). On-chain analytics firm Santiment has observed a dominance of short positions for ADA and XRP, suggesting a potential upside for long-term investors. This trend has come to light amidst recent price upticks


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