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ADA Challenges Resistance as It Leads in Development Activity


by CoinEdition

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Cardano Developments
  • Santiment revealed in an X post that Cardano recorded the highest level of development activity over the past 30 days.
  • ADA was attempting to challenge the $0.2645 resistance level after it broke above the 50-day EMA line.
  • At press time, ADA was changing hands at $0.2634 after a 0.13% gain.

The blockchain intelligence platform Santiment revealed in an X (formerly Twitter) post that Cardano (ADA) has recorded the highest level of development activity over the past 30 days. According to the post, Cardano pushed the highest number of notable Github commits throughout this past month.

Meanwhile, ADA’s price was able to break above the 50-day EMA line over the past 24 hours, and continued to trade above this point at press time. Subsequently, the altcoin was attempting to challenge the $0.2645 barrier. 

Daily chart for AD…

The post ADA Challenges Resistance as It Leads in Development Activity appeared first on Coin Edition.

Read the article at CoinEdition

In This News

Coins

$ 2.96K

+0.99%

$ 0.423

-0.87%

$ 0.0162

+2.06%

$ 13.12

+1.40%

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In This News

Coins

$ 2.96K

+0.99%

$ 0.423

-0.87%

$ 0.0162

+2.06%

$ 13.12

+1.40%

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ADA Challenges Resistance as It Leads in Development Activity


by CoinEdition

Share:

Cardano Developments
  • Santiment revealed in an X post that Cardano recorded the highest level of development activity over the past 30 days.
  • ADA was attempting to challenge the $0.2645 resistance level after it broke above the 50-day EMA line.
  • At press time, ADA was changing hands at $0.2634 after a 0.13% gain.

The blockchain intelligence platform Santiment revealed in an X (formerly Twitter) post that Cardano (ADA) has recorded the highest level of development activity over the past 30 days. According to the post, Cardano pushed the highest number of notable Github commits throughout this past month.

Meanwhile, ADA’s price was able to break above the 50-day EMA line over the past 24 hours, and continued to trade above this point at press time. Subsequently, the altcoin was attempting to challenge the $0.2645 barrier. 

Daily chart for AD…

The post ADA Challenges Resistance as It Leads in Development Activity appeared first on Coin Edition.

Read the article at CoinEdition

In This News

Coins

$ 2.96K

+0.99%

$ 0.423

-0.87%

$ 0.0162

+2.06%

$ 13.12

+1.40%

Share:

In This News

Coins

$ 2.96K

+0.99%

$ 0.423

-0.87%

$ 0.0162

+2.06%

$ 13.12

+1.40%

Share:

Read More

Hoskinson Pushes Back Against FUD Following Cardano Chain Split

Hoskinson Pushes Back Against FUD Following Cardano Chain Split

Cardano’s ADA crashed more than 16% in the past week as a crafted malformed transacti...
Cardano Price Prediction: Downtrend Dominates as Bulls Struggle To Hold Above $0.4

Cardano Price Prediction: Downtrend Dominates as Bulls Struggle To Hold Above $0.4

Cardano price today trades near $0.4085, stabilizing after last week’s flush into the...