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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

$ 2.92K

+3.11%

$ 0.360

-0.50%

$ 0.0132

+1.63%

$ 12.22

+0.75%

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In This News

Coins

$ 2.92K

+3.11%

$ 0.360

-0.50%

$ 0.0132

+1.63%

$ 12.22

+0.75%

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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

$ 2.92K

+3.11%

$ 0.360

-0.50%

$ 0.0132

+1.63%

$ 12.22

+0.75%

Share:

In This News

Coins

$ 2.92K

+3.11%

$ 0.360

-0.50%

$ 0.0132

+1.63%

$ 12.22

+0.75%

Share:

Read More

Cardano Price Prediction: ADA Struggles Below Key Averages as Selling Pressure Persists

Cardano Price Prediction: ADA Struggles Below Key Averages as Selling Pressure Persists

Cardano price continues to face pressure on the four-hour chart as buyers struggle to...
Crypto Leader Yi Foresees Bull Market Amid Volatility

Crypto Leader Yi Foresees Bull Market Amid Volatility

Crypto leader Yi Lihua predicts bullish trend fueled by crypto policies, interest rat...