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via Decrypt · By Decrypt Editorial

Cardano Slumps to 5-Year Low Price as Charles Hoskinson Warns of 'Wave of Failures'

ADA

ADA/USDT

$0.1835

-2.70%

$0.1835

-2.70%

(24s)

24h Volume

$375,992,699.20

24h H/L

$0.1902 / $0.1780

Change: $0.0122 (6.85%)

Long/Short

69.3%

Long: 69.3%Short: 30.7%

Funding Rate

+0.0038%

Longs pay

Data provided by COINOTAG DATALive data

Cardano

Daily

$0.1838

▼ -0.22%

Volume (24h): -

Resistance Levels

Resistance 3$0.2135

Resistance 2$0.1957

Resistance 1$0.1850

Price$0.1838

Support 1$0.1833

Support 2$0.1701

Support 3$0.1554

Pivot (PP):$0.184233

Trend:Downtrend

RSI (14):58.0

Decrypt Editorial

(09:20 PM UTC)

1 min read

Reviewed bySarah Chen

892 views

0 comments

In brief

The price of Cardano (ADA) fell to a more than five-year low on Wednesday as Bitcoin and other top coins sank.
Founder Charles Hoskinson warned that the ecosystem is in trouble amid declining market conditions.
Cardano analytics firm TapTools is shutting down. Hoskinson said community investment is necessary to avoid further failures.

Following the sunsetting of Cardano analytics firm…

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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Source

Decrypt Editorial · Decrypt

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