ADA Strengthens as Inflows Hit Multi-Week High

Readings from the ADA/USD one-day chart show the bullish bias around the altcoin. Momentum indicators are aligning with market optimism, suggesting that ADA could continue to attract demand in the near term.

The Chaikin Money Flow (CMF) has trended upward consistently, now reaching a 42-day high of 0.11. This metric tracks volume-weighted capital flows, and a sustained positive reading indicates that market participants are favoring accumulation over distribution.

The notable uptick in CMF reflects that ADA’s price is supported by genuine inflows. This buying pressure provides a solid foundation for further upside potential, strengthening the bullish case for ADA in the current market setup.