Community Articles

via BeInCrypto · By BeInCrypto Editorial

Large Dormant Cardano Wallets Move as Hoskinson Reappears: Reversal Signal?

ADA

ADA/USDT

$0.1602

-3.96%

$0.1602

-3.96%

(24s)

24h Volume

$242,186,890.10

24h H/L

$0.1675 / $0.1586

Change: $0.008900 (5.61%)

Long/Short

71.1%

Long: 71.1%Short: 28.9%

Funding Rate

-0.0051%

Shorts pay

Data provided by COINOTAG DATALive data

Cardano

Daily

$0.1602

▼ -2.14%

Volume (24h): -

Resistance Levels

Resistance 3$0.1799

Resistance 2$0.1705

Resistance 1$0.1638

Price$0.1602

Support 1$0.1598

Support 2$0.1486

Support 3$0.1086

Pivot (PP):$0.1613

Trend:Downtrend

RSI (14):30.2

BeInCrypto Editorial

(06:47 PM UTC)

1 min read

Verified byOlivia Bennett

625 views

0 comments

Long-dormant Cardano wallets are suddenly moving ADA again, according to Santiment data, right after Charles Hoskinson’s bold reappearance claiming the network can “run the world.”

Is it the bullish reversal signal investors have long awaited, or simply a dead cat bounce before more distribution?

What the Cardano Dormant Wallet Activity Reveals

Cardano dormant wallets are addresses holding ADA that…

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.

Add COINOTAG as a Preferred Source

Add COINOTAG to your preferred sources in Google News and Search to see our coverage first.

Add on Google

Source

BeInCrypto Editorial · BeInCrypto

Read original →

Live ADA price →More ADA news →

Comments