Santiment Identifies Positive Outlook for Cardano ADA and XRP Despite Intense Short Selling Activity

Santiment’s analysis reveals significant short positions in Cardano (ADA) and XRP, indicating a potential bullish outlook for both cryptocurrencies.
Derivatives data confirms increased short positions, yet Binance account ratios reflect more optimism.
Low MVRV ratios and recent price movements suggest Cardano and XRP may be undervalued.