Cardano Price Prediction: Hoskinson Fires Back At Flare CEO As ADA Tests The FVG Zone At $0.2754
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ADA trades $0.2674 (+0.19%) on May 7, pressing the 0.382 FVG at $0.2754 as the MACD crosses bullish above zero for the first time since February — a technical setup that could fuel upside if the FVG breaks. On-chain/liquidation stats: $607.79K of long liquidations vs $1.43M of short liquidations in 24h and open interest down 2.14% to $549.36M, indicating recent deleveraging but short-squeeze pressure. Ecosystem/DeFi note: public clash between Hoskinson and Flare CEO — DeFiLlama TVL shows Flare $159M vs Cardano $131M, highlighting a TVL/adoption gap despite bullish price signals.
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- ADA trades at $0.2674, up 0.19%, pressing the 0.382 FVG at $0.2754 with MACD crossing bullish above zero for the first time since February.
- Hoskinson called Flare CEO’s TVL criticism an outdated publicity stunt while Philion countered with DeFiLlama data showing Flare at $159M vs Cardano’s $131M.
- Longs absorbed $607.79K in 24h liquidations against $1.43M for shorts with OI down 2.14% to $549.36M.
Cardano trades at $0.2674 on May 7, pressing the first Fair Value Gap on the daily SMC chart as the MACD crosses bullish above zero for the first time since February, while Charles Hoskinson and Flare CEO Hugo Philion publicly clash over who is actually winning the Bitcoin DeFi race.
Why The FVG At $0.2754 Is The Level That Changes Everything For ADA
The SMC chart shows multiple Fair Value Gaps stacked above price from the…
Read The Full Article Cardano Price Prediction: Hoskinson Fires Back At Flare CEO As ADA Tests The FVG Zone At $0.2754 On Coin Edition.
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