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via CoinDesk · By CoinDesk Staff

ADA under 20 cents as Hoskinson says he is 'taking a break' after warning of ecosystem failures

ADA

ADA/USDT

$0.1769

-1.17%

$0.1769

-1.17%

(24s)

24h Volume

$78,589,084.90

24h H/L

$0.1794 / $0.1758

Change: $0.003600 (2.05%)

Long/Short

68.0%

Long: 68.0%Short: 32.0%

Funding Rate

-0.0025%

Shorts pay

Data provided by COINOTAG DATALive data

Cardano

Daily

$0.1774

▲ 0.57%

Volume (24h): -

Resistance Levels

Resistance 3$0.1901

Resistance 2$0.1839

Resistance 1$0.1780

Price$0.1774

Support 1$0.1732

Support 2$0.1652

Support 3$0.1567

Pivot (PP):$0.178033

Trend:Sideways

RSI (14):46.5

CoinDesk Staff

(07:59 AM UTC)

1 min read

Reviewed byJames Mitchell

0 comments

Hoskinson's remarks followed a string of setbacks for the ecosystem, including the cancellation of Cardano's flagship conference and the shutdown of a prominent analytics platform.

Cardano founder Charles Hoskinson said he is "taking a break" after warning that the blockchain's ecosystem faces a coming "wave of failures," as ADA fell below $0.20 for the first time in more than five years.

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CoinDesk Staff · CoinDesk

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