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via BeInCrypto · By BeInCrypto Editorial

Cardano CEO Urges Calm as ADA Crashes to 2020 Lows

ADA

ADA/USDT

$0.1813
-3.87%
24h Volume

$367,636,676.89

24h H/L

$0.1927 / $0.1780

Change: $0.0147 (8.26%)

Long/Short
69.4%
Long: 69.4%Short: 30.6%
Funding Rate

+0.0044%

Longs pay

Data provided by COINOTAG DATALive data
Cardano
Cardano
Daily

$0.1797

-5.17%

Volume (24h): -

Resistance Levels
Resistance 3$0.1955
Resistance 2$0.1876
Resistance 1$0.1798
Price$0.1797
Support 1$0.1737
Support 2$0.1622
Support 3$0.1382
Pivot (PP):$0.1828
Trend:Downtrend
RSI (14):55.3
BE
BeInCrypto Editorial
(05:55 PM UTC)
1 min read
SC
Updated bySarah Chen
564 views
0 comments

Cardano (ADA) fell about 15% in 24 hours to near $0.16 on Friday, its lowest level since late 2020, extending a selloff that has erased roughly 30% of its value in a week.

The drop left ADA ranked 17th by market value, with its market capitalization slipping below $6 billion. Cardano Foundation CEO Frederik Gregaard urged investors to look past short-term price action, but can they?

Cardano Price…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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BeInCrypto Editorial · BeInCrypto

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