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Cardano Price Prediction: ADA Tests Trendline Support After Hoskinson’s Market Warning


by Parshwa Turakhiya
for CoinEdition
Cardano Price Prediction: ADA Tests Trendline Support After Hoskinson’s Market Warning

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AI Overview

Cardano's price hovers around $0.2812, down 0.11%, facing critical trendline support. Founder Charles Hoskinson predicts 90-180 days of market challenges due to retail exhaustion and institutional dominance, urging a shift in focus to usability over token launches as open interest falls 9.51%.

Bearish
  • Cardano holds above $0.28 as founder Charles Hoskinson warns crypto faces 90-180 days of pain due to retail exhaustion and narrative fatigue.
  • Open interest drops 9.51% to $446.98M while volume falls 6.13%, signaling reduced conviction as price tests ascending trendline support.
  • Hoskinson blames institutional dominance and “over-financialization” for market malaise, calls for focus on usability over token launches.

Cardano price today trades near $0.2812, down 0.11% in the past 24 hours as the token tests critical ascending trendline support. The move comes as Cardano founder Charles Hoskinson warned at Consensus Hong Kong that crypto faces “90-180 days” of grind ahead, citing retail exhaustion and a broken narrative rather than lack of catalysts.

Hoskinson Calls For 90-180 Days Of Pain Ahead

Speaking with CoinDesk at Consensus Hong Kong, Hoskinson said crypto fa…

Read The Full Article Cardano Price Prediction: ADA Tests Trendline Support After Hoskinson’s Market Warning On Coin Edition.

Read the article at CoinEdition

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Coins

$ 0.282

-3.47%

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$ 0.282

-3.47%

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Cardano Price Prediction: ADA Tests Trendline Support After Hoskinson’s Market Warning


by Parshwa Turakhiya
for CoinEdition
Cardano Price Prediction: ADA Tests Trendline Support After Hoskinson’s Market Warning

Share:

AI Overview

Cardano's price hovers around $0.2812, down 0.11%, facing critical trendline support. Founder Charles Hoskinson predicts 90-180 days of market challenges due to retail exhaustion and institutional dominance, urging a shift in focus to usability over token launches as open interest falls 9.51%.

Bearish
  • Cardano holds above $0.28 as founder Charles Hoskinson warns crypto faces 90-180 days of pain due to retail exhaustion and narrative fatigue.
  • Open interest drops 9.51% to $446.98M while volume falls 6.13%, signaling reduced conviction as price tests ascending trendline support.
  • Hoskinson blames institutional dominance and “over-financialization” for market malaise, calls for focus on usability over token launches.

Cardano price today trades near $0.2812, down 0.11% in the past 24 hours as the token tests critical ascending trendline support. The move comes as Cardano founder Charles Hoskinson warned at Consensus Hong Kong that crypto faces “90-180 days” of grind ahead, citing retail exhaustion and a broken narrative rather than lack of catalysts.

Hoskinson Calls For 90-180 Days Of Pain Ahead

Speaking with CoinDesk at Consensus Hong Kong, Hoskinson said crypto fa…

Read The Full Article Cardano Price Prediction: ADA Tests Trendline Support After Hoskinson’s Market Warning On Coin Edition.

Read the article at CoinEdition

In This News

Coins

$ 0.282

-3.47%

Share:

In This News

Coins

$ 0.282

-3.47%

Share:

Read More

Stable Price Prediction: STABLE Open Interest Rebounds as Price Targets Breakout

Stable Price Prediction: STABLE Open Interest Rebounds as Price Targets Breakout

Stable (STABLE) has regained upward momentum after a sharp correction from its $0.032...
Ethereum Price Prediction: Will ETH Reclaim $2,119 Fibonacci After 56% Correction?

Ethereum Price Prediction: Will ETH Reclaim $2,119 Fibonacci After 56% Correction?

Ethereum price today trades near $1,969, up 0.20% in the past 24 hours as the token a...