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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

$0.1713

-2.00%

$0.1713

-2.00%

(24s)

24h Volume

$319,730,553.51

24h H/L

$0.1766 / $0.1670

Change: $0.009600 (5.75%)

Long/Short

70.8%

Long: 70.8%Short: 29.2%

Funding Rate

+0.0007%

Longs pay

Data provided by COINOTAG DATALive data

Cardano

Daily

$0.1683

▼ -2.32%

Volume (24h): -

Resistance Levels

Resistance 3$0.2047

Resistance 2$0.1800

Resistance 1$0.1701

Price$0.1683

Support 1$0.1653

Support 2$0.1566

Support 3$0.1486

Pivot (PP):$0.1701

Trend:Downtrend

RSI (14):33.3

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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