$ADA is finally having a positive dynamic on the market following notable price surge
. The uptrend has been accompanied by a rise in profitability, a shift in the bid-ask volume imbalance and a change in momentum on the futures market.
The profitability of ADA has increased by 8%, indicating that the asset is becoming more appealing to traders and investors. This rise in profitability often draws more market participants to the cryptocurrency, further fueling its upward trajectory. Moreover, the bid-ask volume imbalance has tilted toward"buy" orders, suggesting that there is a strong demand for the cryptocurrency at its current price.
The momentum on the futures market has also turned bullish, which can significantly impact the performance of the underlying asset. As more traders enter long positions, overall
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