Cardano
Why Cardano is down 1.4% in the last hour
Analysis
Cardano (ADA) slipped 1.4% over the past hour despite a generally supportive narrative in recent coverage. CryptoPotato reported that ADA appears more “undervalued” than Bitcoin based on comparative valuation metrics, but that kind of analysis doesn’t necessarily translate into immediate buying pressure, leaving ADA vulnerable to short-term pullbacks.
Contributing Factors (1)
Ripple (XRP) and Cardano (ADA) Show Deeper Undervaluation Than Bitcoin (BTC)
Santiment's MVRV data revealed that XRP and ADA are more undervalued than Bitcoin.
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.