Cardano Price Prediction: Hoskinson Says ‘Attack Failed’ As ADA Breaks Key Support Zone
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- Cardano trades near $0.398 after losing the multi-month $0.52 support zone that anchored the structure.
- Spot outflows continue, with $2.5M leaving exchanges as sellers dominate while ADA tests its long-term trendline.
- Hoskinson says the “attack failed” after network turbulence, but the chart shows momentum still favoring a deeper downside toward $0.38–$0.32.
Cardano price today trades near $0.398 after breaking below a multi-month support zone. The drop pushes ADA into a critical test along the ascending long-term trendline as sellers continue to pressure the market following a spike in negative spot flows and broader risk weakness.
Buyers Lose Key Weekly Support
On the weekly chart, ADA has decisively lost the horizontal support near $0.52, a level that acted as a floor multiple times during the past year. The current candle has expanded through that rang…
Read The Full Article Cardano Price Prediction: Hoskinson Says ‘Attack Failed’ As ADA Breaks Key Support Zone On Coin Edition.
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Cardano Price Prediction: Hoskinson Says ‘Attack Failed’ As ADA Breaks Key Support Zone
Share:
- Cardano trades near $0.398 after losing the multi-month $0.52 support zone that anchored the structure.
- Spot outflows continue, with $2.5M leaving exchanges as sellers dominate while ADA tests its long-term trendline.
- Hoskinson says the “attack failed” after network turbulence, but the chart shows momentum still favoring a deeper downside toward $0.38–$0.32.
Cardano price today trades near $0.398 after breaking below a multi-month support zone. The drop pushes ADA into a critical test along the ascending long-term trendline as sellers continue to pressure the market following a spike in negative spot flows and broader risk weakness.
Buyers Lose Key Weekly Support
On the weekly chart, ADA has decisively lost the horizontal support near $0.52, a level that acted as a floor multiple times during the past year. The current candle has expanded through that rang…
Read The Full Article Cardano Price Prediction: Hoskinson Says ‘Attack Failed’ As ADA Breaks Key Support Zone On Coin Edition.
In This News
Coins
$ 0.285
+0.40%Share:
In This News
Coins
$ 0.285
+0.40%Share:
Read More
XRP Price Prediction: Bank Slashes $8 Forecast 65% As Price Tests $1.47 Support