The reasons behind the positive gains in Cardano are not specific but could partly be tied to the recent launch of\u00a0the Lace wallet<\/a>\u00a0by the blockchain developer, Input Output HK. Lace is a unified Web 3 wallet platform for managing digital assets, non-fungible tokens, and decentralized finance<\/a>. Besides, Cardano's co-founder Charles Hoskinson recently announced<\/a> that his upcoming Health & Wellness Clinic based in Wyoming would accept ADA for payments.<\/p>\n\n\n\n See Related: Cardano (ADA) Rejoins The Long-Term Bearish Rally And May Hit The Downside Target Near $0.22 \u2013 Cardano Technical Analysis<\/a><\/p>\n\n\n\n Cardano is an open-source smart contract platform that uses a proof-of-stake<\/a> consensus algorithm called Ouroboros to secure transactions. The blockchain is anticipating the launch of three major projects this year, including; Hydra, Oracles, and stablecoin Djed.<\/p>\n","post_title":"Solana, Cardano Tokens Surge Over 20% In the Past Day Amid Market Recovery","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"solana-cardano-tokens-surge-over-20-in-the-past-day-amid-market-recovery","to_ping":"","pinged":"","post_modified":"2023-04-10 17:43:08","post_modified_gmt":"2023-04-10 07:43:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9271","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
The reasons behind the positive gains in Cardano are not specific but could partly be tied to the recent launch of\u00a0the Lace wallet<\/a>\u00a0by the blockchain developer, Input Output HK. Lace is a unified Web 3 wallet platform for managing digital assets, non-fungible tokens, and decentralized finance<\/a>. Besides, Cardano's co-founder Charles Hoskinson recently announced<\/a> that his upcoming Health & Wellness Clinic based in Wyoming would accept ADA for payments.<\/p>\n\n\n\n See Related: Cardano (ADA) Rejoins The Long-Term Bearish Rally And May Hit The Downside Target Near $0.22 \u2013 Cardano Technical Analysis<\/a><\/p>\n\n\n\n Cardano is an open-source smart contract platform that uses a proof-of-stake<\/a> consensus algorithm called Ouroboros to secure transactions. The blockchain is anticipating the launch of three major projects this year, including; Hydra, Oracles, and stablecoin Djed.<\/p>\n","post_title":"Solana, Cardano Tokens Surge Over 20% In the Past Day Amid Market Recovery","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"solana-cardano-tokens-surge-over-20-in-the-past-day-amid-market-recovery","to_ping":"","pinged":"","post_modified":"2023-04-10 17:43:08","post_modified_gmt":"2023-04-10 07:43:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9271","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
See Related:<\/em><\/strong> $DOGE Looks Steady Above $0.0725 And May Pullback To The Critical Resistance Near $0.0917 \u2013 Dogecoin Technical Analysis<\/a><\/p>\n\n\n\n The reasons behind the positive gains in Cardano are not specific but could partly be tied to the recent launch of\u00a0the Lace wallet<\/a>\u00a0by the blockchain developer, Input Output HK. Lace is a unified Web 3 wallet platform for managing digital assets, non-fungible tokens, and decentralized finance<\/a>. Besides, Cardano's co-founder Charles Hoskinson recently announced<\/a> that his upcoming Health & Wellness Clinic based in Wyoming would accept ADA for payments.<\/p>\n\n\n\n See Related: Cardano (ADA) Rejoins The Long-Term Bearish Rally And May Hit The Downside Target Near $0.22 \u2013 Cardano Technical Analysis<\/a><\/p>\n\n\n\n Cardano is an open-source smart contract platform that uses a proof-of-stake<\/a> consensus algorithm called Ouroboros to secure transactions. The blockchain is anticipating the launch of three major projects this year, including; Hydra, Oracles, and stablecoin Djed.<\/p>\n","post_title":"Solana, Cardano Tokens Surge Over 20% In the Past Day Amid Market Recovery","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"solana-cardano-tokens-surge-over-20-in-the-past-day-amid-market-recovery","to_ping":"","pinged":"","post_modified":"2023-04-10 17:43:08","post_modified_gmt":"2023-04-10 07:43:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9271","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
After losing more than 94% of its value from an all-time high of $259 following the collapse of FTX<\/a>, SOL's latest upsurge is related to a recently launched Shiba Inu-themed token on Solana. BONK<\/a> debuted in December with an airdrop<\/a> to the ecosystem's developers, NFT<\/a> collectors, and artists. The excitement around the project, having minted more than 100 trillion tokens, boosted the value of the meme crypto and Solana.\u00a0\u00a0<\/p>\n\n\n\n See Related:<\/em><\/strong> $DOGE Looks Steady Above $0.0725 And May Pullback To The Critical Resistance Near $0.0917 \u2013 Dogecoin Technical Analysis<\/a><\/p>\n\n\n\n The reasons behind the positive gains in Cardano are not specific but could partly be tied to the recent launch of\u00a0the Lace wallet<\/a>\u00a0by the blockchain developer, Input Output HK. Lace is a unified Web 3 wallet platform for managing digital assets, non-fungible tokens, and decentralized finance<\/a>. Besides, Cardano's co-founder Charles Hoskinson recently announced<\/a> that his upcoming Health & Wellness Clinic based in Wyoming would accept ADA for payments.<\/p>\n\n\n\n See Related: Cardano (ADA) Rejoins The Long-Term Bearish Rally And May Hit The Downside Target Near $0.22 \u2013 Cardano Technical Analysis<\/a><\/p>\n\n\n\n Cardano is an open-source smart contract platform that uses a proof-of-stake<\/a> consensus algorithm called Ouroboros to secure transactions. The blockchain is anticipating the launch of three major projects this year, including; Hydra, Oracles, and stablecoin Djed.<\/p>\n","post_title":"Solana, Cardano Tokens Surge Over 20% In the Past Day Amid Market Recovery","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"solana-cardano-tokens-surge-over-20-in-the-past-day-amid-market-recovery","to_ping":"","pinged":"","post_modified":"2023-04-10 17:43:08","post_modified_gmt":"2023-04-10 07:43:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9271","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Currently ranked 12th in the industry with a market capitalization of $6 billion, SOL is trading at levels last seen at the beginning of November. Solana's total value locked<\/a> (TVL) is up 8% to $247 million in the same period, according to DefiLlama.<\/p>\n\n\n\n After losing more than 94% of its value from an all-time high of $259 following the collapse of FTX<\/a>, SOL's latest upsurge is related to a recently launched Shiba Inu-themed token on Solana. BONK<\/a> debuted in December with an airdrop<\/a> to the ecosystem's developers, NFT<\/a> collectors, and artists. The excitement around the project, having minted more than 100 trillion tokens, boosted the value of the meme crypto and Solana.\u00a0\u00a0<\/p>\n\n\n\n See Related:<\/em><\/strong> $DOGE Looks Steady Above $0.0725 And May Pullback To The Critical Resistance Near $0.0917 \u2013 Dogecoin Technical Analysis<\/a><\/p>\n\n\n\n The reasons behind the positive gains in Cardano are not specific but could partly be tied to the recent launch of\u00a0the Lace wallet<\/a>\u00a0by the blockchain developer, Input Output HK. Lace is a unified Web 3 wallet platform for managing digital assets, non-fungible tokens, and decentralized finance<\/a>. Besides, Cardano's co-founder Charles Hoskinson recently announced<\/a> that his upcoming Health & Wellness Clinic based in Wyoming would accept ADA for payments.<\/p>\n\n\n\n See Related: Cardano (ADA) Rejoins The Long-Term Bearish Rally And May Hit The Downside Target Near $0.22 \u2013 Cardano Technical Analysis<\/a><\/p>\n\n\n\n Cardano is an open-source smart contract platform that uses a proof-of-stake<\/a> consensus algorithm called Ouroboros to secure transactions. The blockchain is anticipating the launch of three major projects this year, including; Hydra, Oracles, and stablecoin Djed.<\/p>\n","post_title":"Solana, Cardano Tokens Surge Over 20% In the Past Day Amid Market Recovery","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"solana-cardano-tokens-surge-over-20-in-the-past-day-amid-market-recovery","to_ping":"","pinged":"","post_modified":"2023-04-10 17:43:08","post_modified_gmt":"2023-04-10 07:43:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9271","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
The native tokens of Cardano and Solana recorded an increase late Sunday, pushing the overall market cap by 2.85% to $847 billion at press time. According to data shared by CoinMarketCap, ADA rose 21% to an intraday high of $0.3401, while SOL climbed 23% in the same period to a high of $16.42. Both tokens have gained 29% and 60% in the last week.<\/p>\n\n\n\n Currently ranked 12th in the industry with a market capitalization of $6 billion, SOL is trading at levels last seen at the beginning of November. Solana's total value locked<\/a> (TVL) is up 8% to $247 million in the same period, according to DefiLlama.<\/p>\n\n\n\n After losing more than 94% of its value from an all-time high of $259 following the collapse of FTX<\/a>, SOL's latest upsurge is related to a recently launched Shiba Inu-themed token on Solana. BONK<\/a> debuted in December with an airdrop<\/a> to the ecosystem's developers, NFT<\/a> collectors, and artists. The excitement around the project, having minted more than 100 trillion tokens, boosted the value of the meme crypto and Solana.\u00a0\u00a0<\/p>\n\n\n\n See Related:<\/em><\/strong> $DOGE Looks Steady Above $0.0725 And May Pullback To The Critical Resistance Near $0.0917 \u2013 Dogecoin Technical Analysis<\/a><\/p>\n\n\n\n The reasons behind the positive gains in Cardano are not specific but could partly be tied to the recent launch of\u00a0the Lace wallet<\/a>\u00a0by the blockchain developer, Input Output HK. Lace is a unified Web 3 wallet platform for managing digital assets, non-fungible tokens, and decentralized finance<\/a>. Besides, Cardano's co-founder Charles Hoskinson recently announced<\/a> that his upcoming Health & Wellness Clinic based in Wyoming would accept ADA for payments.<\/p>\n\n\n\n See Related: Cardano (ADA) Rejoins The Long-Term Bearish Rally And May Hit The Downside Target Near $0.22 \u2013 Cardano Technical Analysis<\/a><\/p>\n\n\n\n Cardano is an open-source smart contract platform that uses a proof-of-stake<\/a> consensus algorithm called Ouroboros to secure transactions. The blockchain is anticipating the launch of three major projects this year, including; Hydra, Oracles, and stablecoin Djed.<\/p>\n","post_title":"Solana, Cardano Tokens Surge Over 20% In the Past Day Amid Market Recovery","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"solana-cardano-tokens-surge-over-20-in-the-past-day-amid-market-recovery","to_ping":"","pinged":"","post_modified":"2023-04-10 17:43:08","post_modified_gmt":"2023-04-10 07:43:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9271","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
This is not investment advice or financial advice, and any investment decision must be taken with precaution.<\/p>\n","post_title":"$DOT To Retest Key Resistance At $5.0730 With A Strong Bullish Momentum \u2013 Polkadot Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dot-to-retest-key-resistance-at-5-0730-with-a-strong-bullish-momentum-polkadot-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 17:42:05","post_modified_gmt":"2023-04-10 07:42:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9299","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9271,"post_author":"13","post_date":"2023-01-09 19:49:05","post_date_gmt":"2023-01-09 08:49:05","post_content":"\n The native tokens of Cardano and Solana recorded an increase late Sunday, pushing the overall market cap by 2.85% to $847 billion at press time. According to data shared by CoinMarketCap, ADA rose 21% to an intraday high of $0.3401, while SOL climbed 23% in the same period to a high of $16.42. Both tokens have gained 29% and 60% in the last week.<\/p>\n\n\n\n Currently ranked 12th in the industry with a market capitalization of $6 billion, SOL is trading at levels last seen at the beginning of November. Solana's total value locked<\/a> (TVL) is up 8% to $247 million in the same period, according to DefiLlama.<\/p>\n\n\n\n After losing more than 94% of its value from an all-time high of $259 following the collapse of FTX<\/a>, SOL's latest upsurge is related to a recently launched Shiba Inu-themed token on Solana. BONK<\/a> debuted in December with an airdrop<\/a> to the ecosystem's developers, NFT<\/a> collectors, and artists. The excitement around the project, having minted more than 100 trillion tokens, boosted the value of the meme crypto and Solana.\u00a0\u00a0<\/p>\n\n\n\n See Related:<\/em><\/strong> $DOGE Looks Steady Above $0.0725 And May Pullback To The Critical Resistance Near $0.0917 \u2013 Dogecoin Technical Analysis<\/a><\/p>\n\n\n\n The reasons behind the positive gains in Cardano are not specific but could partly be tied to the recent launch of\u00a0the Lace wallet<\/a>\u00a0by the blockchain developer, Input Output HK. Lace is a unified Web 3 wallet platform for managing digital assets, non-fungible tokens, and decentralized finance<\/a>. Besides, Cardano's co-founder Charles Hoskinson recently announced<\/a> that his upcoming Health & Wellness Clinic based in Wyoming would accept ADA for payments.<\/p>\n\n\n\n See Related: Cardano (ADA) Rejoins The Long-Term Bearish Rally And May Hit The Downside Target Near $0.22 \u2013 Cardano Technical Analysis<\/a><\/p>\n\n\n\n Cardano is an open-source smart contract platform that uses a proof-of-stake<\/a> consensus algorithm called Ouroboros to secure transactions. The blockchain is anticipating the launch of three major projects this year, including; Hydra, Oracles, and stablecoin Djed.<\/p>\n","post_title":"Solana, Cardano Tokens Surge Over 20% In the Past Day Amid Market Recovery","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"solana-cardano-tokens-surge-over-20-in-the-past-day-amid-market-recovery","to_ping":"","pinged":"","post_modified":"2023-04-10 17:43:08","post_modified_gmt":"2023-04-10 07:43:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9271","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Technically, Polkadot will remain bullish until the price holds above the 21 EMA. Besides, we may see DOTUSD retests and breaks the immediate resistance at $5.0730 to continue with the current upside rally targeting $6.0230.<\/p>\n\n\n\n This is not investment advice or financial advice, and any investment decision must be taken with precaution.<\/p>\n","post_title":"$DOT To Retest Key Resistance At $5.0730 With A Strong Bullish Momentum \u2013 Polkadot Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dot-to-retest-key-resistance-at-5-0730-with-a-strong-bullish-momentum-polkadot-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 17:42:05","post_modified_gmt":"2023-04-10 07:42:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9299","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9271,"post_author":"13","post_date":"2023-01-09 19:49:05","post_date_gmt":"2023-01-09 08:49:05","post_content":"\n The native tokens of Cardano and Solana recorded an increase late Sunday, pushing the overall market cap by 2.85% to $847 billion at press time. According to data shared by CoinMarketCap, ADA rose 21% to an intraday high of $0.3401, while SOL climbed 23% in the same period to a high of $16.42. Both tokens have gained 29% and 60% in the last week.<\/p>\n\n\n\n Currently ranked 12th in the industry with a market capitalization of $6 billion, SOL is trading at levels last seen at the beginning of November. Solana's total value locked<\/a> (TVL) is up 8% to $247 million in the same period, according to DefiLlama.<\/p>\n\n\n\n After losing more than 94% of its value from an all-time high of $259 following the collapse of FTX<\/a>, SOL's latest upsurge is related to a recently launched Shiba Inu-themed token on Solana. BONK<\/a> debuted in December with an airdrop<\/a> to the ecosystem's developers, NFT<\/a> collectors, and artists. The excitement around the project, having minted more than 100 trillion tokens, boosted the value of the meme crypto and Solana.\u00a0\u00a0<\/p>\n\n\n\n See Related:<\/em><\/strong> $DOGE Looks Steady Above $0.0725 And May Pullback To The Critical Resistance Near $0.0917 \u2013 Dogecoin Technical Analysis<\/a><\/p>\n\n\n\n The reasons behind the positive gains in Cardano are not specific but could partly be tied to the recent launch of\u00a0the Lace wallet<\/a>\u00a0by the blockchain developer, Input Output HK. Lace is a unified Web 3 wallet platform for managing digital assets, non-fungible tokens, and decentralized finance<\/a>. Besides, Cardano's co-founder Charles Hoskinson recently announced<\/a> that his upcoming Health & Wellness Clinic based in Wyoming would accept ADA for payments.<\/p>\n\n\n\n See Related: Cardano (ADA) Rejoins The Long-Term Bearish Rally And May Hit The Downside Target Near $0.22 \u2013 Cardano Technical Analysis<\/a><\/p>\n\n\n\n Cardano is an open-source smart contract platform that uses a proof-of-stake<\/a> consensus algorithm called Ouroboros to secure transactions. The blockchain is anticipating the launch of three major projects this year, including; Hydra, Oracles, and stablecoin Djed.<\/p>\n","post_title":"Solana, Cardano Tokens Surge Over 20% In the Past Day Amid Market Recovery","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"solana-cardano-tokens-surge-over-20-in-the-past-day-amid-market-recovery","to_ping":"","pinged":"","post_modified":"2023-04-10 17:43:08","post_modified_gmt":"2023-04-10 07:43:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9271","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Furthermore, the MACD bars are rising, indicating a bullish momentum is getting stronger. Also, the MACD value rises above the signal line, which signals an uptrend ahead.<\/p>\n\n\n\n Technically, Polkadot will remain bullish until the price holds above the 21 EMA. Besides, we may see DOTUSD retests and breaks the immediate resistance at $5.0730 to continue with the current upside rally targeting $6.0230.<\/p>\n\n\n\n This is not investment advice or financial advice, and any investment decision must be taken with precaution.<\/p>\n","post_title":"$DOT To Retest Key Resistance At $5.0730 With A Strong Bullish Momentum \u2013 Polkadot Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dot-to-retest-key-resistance-at-5-0730-with-a-strong-bullish-momentum-polkadot-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 17:42:05","post_modified_gmt":"2023-04-10 07:42:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9299","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9271,"post_author":"13","post_date":"2023-01-09 19:49:05","post_date_gmt":"2023-01-09 08:49:05","post_content":"\n The native tokens of Cardano and Solana recorded an increase late Sunday, pushing the overall market cap by 2.85% to $847 billion at press time. According to data shared by CoinMarketCap, ADA rose 21% to an intraday high of $0.3401, while SOL climbed 23% in the same period to a high of $16.42. Both tokens have gained 29% and 60% in the last week.<\/p>\n\n\n\n Currently ranked 12th in the industry with a market capitalization of $6 billion, SOL is trading at levels last seen at the beginning of November. Solana's total value locked<\/a> (TVL) is up 8% to $247 million in the same period, according to DefiLlama.<\/p>\n\n\n\n After losing more than 94% of its value from an all-time high of $259 following the collapse of FTX<\/a>, SOL's latest upsurge is related to a recently launched Shiba Inu-themed token on Solana. BONK<\/a> debuted in December with an airdrop<\/a> to the ecosystem's developers, NFT<\/a> collectors, and artists. The excitement around the project, having minted more than 100 trillion tokens, boosted the value of the meme crypto and Solana.\u00a0\u00a0<\/p>\n\n\n\n See Related:<\/em><\/strong> $DOGE Looks Steady Above $0.0725 And May Pullback To The Critical Resistance Near $0.0917 \u2013 Dogecoin Technical Analysis<\/a><\/p>\n\n\n\n The reasons behind the positive gains in Cardano are not specific but could partly be tied to the recent launch of\u00a0the Lace wallet<\/a>\u00a0by the blockchain developer, Input Output HK. Lace is a unified Web 3 wallet platform for managing digital assets, non-fungible tokens, and decentralized finance<\/a>. Besides, Cardano's co-founder Charles Hoskinson recently announced<\/a> that his upcoming Health & Wellness Clinic based in Wyoming would accept ADA for payments.<\/p>\n\n\n\n See Related: Cardano (ADA) Rejoins The Long-Term Bearish Rally And May Hit The Downside Target Near $0.22 \u2013 Cardano Technical Analysis<\/a><\/p>\n\n\n\n Cardano is an open-source smart contract platform that uses a proof-of-stake<\/a> consensus algorithm called Ouroboros to secure transactions. The blockchain is anticipating the launch of three major projects this year, including; Hydra, Oracles, and stablecoin Djed.<\/p>\n","post_title":"Solana, Cardano Tokens Surge Over 20% In the Past Day Amid Market Recovery","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"solana-cardano-tokens-surge-over-20-in-the-past-day-amid-market-recovery","to_ping":"","pinged":"","post_modified":"2023-04-10 17:43:08","post_modified_gmt":"2023-04-10 07:43:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9271","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Most importantly, the 8 EMA has just moved over the 21 EMA, plotting a bullish crossover. This crossover signal will remain valid until the price holds above the EMA supports.<\/p>\n\n\n\n Furthermore, the MACD bars are rising, indicating a bullish momentum is getting stronger. Also, the MACD value rises above the signal line, which signals an uptrend ahead.<\/p>\n\n\n\n Technically, Polkadot will remain bullish until the price holds above the 21 EMA. Besides, we may see DOTUSD retests and breaks the immediate resistance at $5.0730 to continue with the current upside rally targeting $6.0230.<\/p>\n\n\n\n This is not investment advice or financial advice, and any investment decision must be taken with precaution.<\/p>\n","post_title":"$DOT To Retest Key Resistance At $5.0730 With A Strong Bullish Momentum \u2013 Polkadot Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dot-to-retest-key-resistance-at-5-0730-with-a-strong-bullish-momentum-polkadot-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 17:42:05","post_modified_gmt":"2023-04-10 07:42:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9299","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9271,"post_author":"13","post_date":"2023-01-09 19:49:05","post_date_gmt":"2023-01-09 08:49:05","post_content":"\n The native tokens of Cardano and Solana recorded an increase late Sunday, pushing the overall market cap by 2.85% to $847 billion at press time. According to data shared by CoinMarketCap, ADA rose 21% to an intraday high of $0.3401, while SOL climbed 23% in the same period to a high of $16.42. Both tokens have gained 29% and 60% in the last week.<\/p>\n\n\n\n Currently ranked 12th in the industry with a market capitalization of $6 billion, SOL is trading at levels last seen at the beginning of November. Solana's total value locked<\/a> (TVL) is up 8% to $247 million in the same period, according to DefiLlama.<\/p>\n\n\n\n After losing more than 94% of its value from an all-time high of $259 following the collapse of FTX<\/a>, SOL's latest upsurge is related to a recently launched Shiba Inu-themed token on Solana. BONK<\/a> debuted in December with an airdrop<\/a> to the ecosystem's developers, NFT<\/a> collectors, and artists. The excitement around the project, having minted more than 100 trillion tokens, boosted the value of the meme crypto and Solana.\u00a0\u00a0<\/p>\n\n\n\n See Related:<\/em><\/strong> $DOGE Looks Steady Above $0.0725 And May Pullback To The Critical Resistance Near $0.0917 \u2013 Dogecoin Technical Analysis<\/a><\/p>\n\n\n\n The reasons behind the positive gains in Cardano are not specific but could partly be tied to the recent launch of\u00a0the Lace wallet<\/a>\u00a0by the blockchain developer, Input Output HK. Lace is a unified Web 3 wallet platform for managing digital assets, non-fungible tokens, and decentralized finance<\/a>. Besides, Cardano's co-founder Charles Hoskinson recently announced<\/a> that his upcoming Health & Wellness Clinic based in Wyoming would accept ADA for payments.<\/p>\n\n\n\n See Related: Cardano (ADA) Rejoins The Long-Term Bearish Rally And May Hit The Downside Target Near $0.22 \u2013 Cardano Technical Analysis<\/a><\/p>\n\n\n\n Cardano is an open-source smart contract platform that uses a proof-of-stake<\/a> consensus algorithm called Ouroboros to secure transactions. The blockchain is anticipating the launch of three major projects this year, including; Hydra, Oracles, and stablecoin Djed.<\/p>\n","post_title":"Solana, Cardano Tokens Surge Over 20% In the Past Day Amid Market Recovery","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"solana-cardano-tokens-surge-over-20-in-the-past-day-amid-market-recovery","to_ping":"","pinged":"","post_modified":"2023-04-10 17:43:08","post_modified_gmt":"2023-04-10 07:43:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9271","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
See Related:<\/em><\/strong> Polkadot\u2019s Development Activities Hit An All-time High<\/a><\/p>\n\n\n\n Most importantly, the 8 EMA has just moved over the 21 EMA, plotting a bullish crossover. This crossover signal will remain valid until the price holds above the EMA supports.<\/p>\n\n\n\n Furthermore, the MACD bars are rising, indicating a bullish momentum is getting stronger. Also, the MACD value rises above the signal line, which signals an uptrend ahead.<\/p>\n\n\n\n Technically, Polkadot will remain bullish until the price holds above the 21 EMA. Besides, we may see DOTUSD retests and breaks the immediate resistance at $5.0730 to continue with the current upside rally targeting $6.0230.<\/p>\n\n\n\n This is not investment advice or financial advice, and any investment decision must be taken with precaution.<\/p>\n","post_title":"$DOT To Retest Key Resistance At $5.0730 With A Strong Bullish Momentum \u2013 Polkadot Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dot-to-retest-key-resistance-at-5-0730-with-a-strong-bullish-momentum-polkadot-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 17:42:05","post_modified_gmt":"2023-04-10 07:42:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9299","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9271,"post_author":"13","post_date":"2023-01-09 19:49:05","post_date_gmt":"2023-01-09 08:49:05","post_content":"\n The native tokens of Cardano and Solana recorded an increase late Sunday, pushing the overall market cap by 2.85% to $847 billion at press time. According to data shared by CoinMarketCap, ADA rose 21% to an intraday high of $0.3401, while SOL climbed 23% in the same period to a high of $16.42. Both tokens have gained 29% and 60% in the last week.<\/p>\n\n\n\n Currently ranked 12th in the industry with a market capitalization of $6 billion, SOL is trading at levels last seen at the beginning of November. Solana's total value locked<\/a> (TVL) is up 8% to $247 million in the same period, according to DefiLlama.<\/p>\n\n\n\n After losing more than 94% of its value from an all-time high of $259 following the collapse of FTX<\/a>, SOL's latest upsurge is related to a recently launched Shiba Inu-themed token on Solana. BONK<\/a> debuted in December with an airdrop<\/a> to the ecosystem's developers, NFT<\/a> collectors, and artists. The excitement around the project, having minted more than 100 trillion tokens, boosted the value of the meme crypto and Solana.\u00a0\u00a0<\/p>\n\n\n\n See Related:<\/em><\/strong> $DOGE Looks Steady Above $0.0725 And May Pullback To The Critical Resistance Near $0.0917 \u2013 Dogecoin Technical Analysis<\/a><\/p>\n\n\n\n The reasons behind the positive gains in Cardano are not specific but could partly be tied to the recent launch of\u00a0the Lace wallet<\/a>\u00a0by the blockchain developer, Input Output HK. Lace is a unified Web 3 wallet platform for managing digital assets, non-fungible tokens, and decentralized finance<\/a>. Besides, Cardano's co-founder Charles Hoskinson recently announced<\/a> that his upcoming Health & Wellness Clinic based in Wyoming would accept ADA for payments.<\/p>\n\n\n\n See Related: Cardano (ADA) Rejoins The Long-Term Bearish Rally And May Hit The Downside Target Near $0.22 \u2013 Cardano Technical Analysis<\/a><\/p>\n\n\n\n Cardano is an open-source smart contract platform that uses a proof-of-stake<\/a> consensus algorithm called Ouroboros to secure transactions. The blockchain is anticipating the launch of three major projects this year, including; Hydra, Oracles, and stablecoin Djed.<\/p>\n","post_title":"Solana, Cardano Tokens Surge Over 20% In the Past Day Amid Market Recovery","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"solana-cardano-tokens-surge-over-20-in-the-past-day-amid-market-recovery","to_ping":"","pinged":"","post_modified":"2023-04-10 17:43:08","post_modified_gmt":"2023-04-10 07:43:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9271","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
According to the daily chart, DOTUSD started the new year 2023 with a steady uptrend following the rejection at support near $4.2418. The price now holds above the dynamic resistances (8 & 21 EMAs), showing a better bullish strength.<\/p>\n\n\n\n See Related:<\/em><\/strong> Polkadot\u2019s Development Activities Hit An All-time High<\/a><\/p>\n\n\n\n Most importantly, the 8 EMA has just moved over the 21 EMA, plotting a bullish crossover. This crossover signal will remain valid until the price holds above the EMA supports.<\/p>\n\n\n\n Furthermore, the MACD bars are rising, indicating a bullish momentum is getting stronger. Also, the MACD value rises above the signal line, which signals an uptrend ahead.<\/p>\n\n\n\n Technically, Polkadot will remain bullish until the price holds above the 21 EMA. Besides, we may see DOTUSD retests and breaks the immediate resistance at $5.0730 to continue with the current upside rally targeting $6.0230.<\/p>\n\n\n\n This is not investment advice or financial advice, and any investment decision must be taken with precaution.<\/p>\n","post_title":"$DOT To Retest Key Resistance At $5.0730 With A Strong Bullish Momentum \u2013 Polkadot Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dot-to-retest-key-resistance-at-5-0730-with-a-strong-bullish-momentum-polkadot-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 17:42:05","post_modified_gmt":"2023-04-10 07:42:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9299","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9271,"post_author":"13","post_date":"2023-01-09 19:49:05","post_date_gmt":"2023-01-09 08:49:05","post_content":"\n The native tokens of Cardano and Solana recorded an increase late Sunday, pushing the overall market cap by 2.85% to $847 billion at press time. According to data shared by CoinMarketCap, ADA rose 21% to an intraday high of $0.3401, while SOL climbed 23% in the same period to a high of $16.42. Both tokens have gained 29% and 60% in the last week.<\/p>\n\n\n\n Currently ranked 12th in the industry with a market capitalization of $6 billion, SOL is trading at levels last seen at the beginning of November. Solana's total value locked<\/a> (TVL) is up 8% to $247 million in the same period, according to DefiLlama.<\/p>\n\n\n\n After losing more than 94% of its value from an all-time high of $259 following the collapse of FTX<\/a>, SOL's latest upsurge is related to a recently launched Shiba Inu-themed token on Solana. BONK<\/a> debuted in December with an airdrop<\/a> to the ecosystem's developers, NFT<\/a> collectors, and artists. The excitement around the project, having minted more than 100 trillion tokens, boosted the value of the meme crypto and Solana.\u00a0\u00a0<\/p>\n\n\n\n See Related:<\/em><\/strong> $DOGE Looks Steady Above $0.0725 And May Pullback To The Critical Resistance Near $0.0917 \u2013 Dogecoin Technical Analysis<\/a><\/p>\n\n\n\n The reasons behind the positive gains in Cardano are not specific but could partly be tied to the recent launch of\u00a0the Lace wallet<\/a>\u00a0by the blockchain developer, Input Output HK. Lace is a unified Web 3 wallet platform for managing digital assets, non-fungible tokens, and decentralized finance<\/a>. Besides, Cardano's co-founder Charles Hoskinson recently announced<\/a> that his upcoming Health & Wellness Clinic based in Wyoming would accept ADA for payments.<\/p>\n\n\n\n See Related: Cardano (ADA) Rejoins The Long-Term Bearish Rally And May Hit The Downside Target Near $0.22 \u2013 Cardano Technical Analysis<\/a><\/p>\n\n\n\n Cardano is an open-source smart contract platform that uses a proof-of-stake<\/a> consensus algorithm called Ouroboros to secure transactions. The blockchain is anticipating the launch of three major projects this year, including; Hydra, Oracles, and stablecoin Djed.<\/p>\n","post_title":"Solana, Cardano Tokens Surge Over 20% In the Past Day Amid Market Recovery","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"solana-cardano-tokens-surge-over-20-in-the-past-day-amid-market-recovery","to_ping":"","pinged":"","post_modified":"2023-04-10 17:43:08","post_modified_gmt":"2023-04-10 07:43:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9271","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Polkadot has returned near $5.0730 and may retest the resistance as the price shows more strength within the current bullish momentum.<\/p>\n\n\n\n According to the daily chart, DOTUSD started the new year 2023 with a steady uptrend following the rejection at support near $4.2418. The price now holds above the dynamic resistances (8 & 21 EMAs), showing a better bullish strength.<\/p>\n\n\n\n See Related:<\/em><\/strong> Polkadot\u2019s Development Activities Hit An All-time High<\/a><\/p>\n\n\n\n Most importantly, the 8 EMA has just moved over the 21 EMA, plotting a bullish crossover. This crossover signal will remain valid until the price holds above the EMA supports.<\/p>\n\n\n\n Furthermore, the MACD bars are rising, indicating a bullish momentum is getting stronger. Also, the MACD value rises above the signal line, which signals an uptrend ahead.<\/p>\n\n\n\n Technically, Polkadot will remain bullish until the price holds above the 21 EMA. Besides, we may see DOTUSD retests and breaks the immediate resistance at $5.0730 to continue with the current upside rally targeting $6.0230.<\/p>\n\n\n\n This is not investment advice or financial advice, and any investment decision must be taken with precaution.<\/p>\n","post_title":"$DOT To Retest Key Resistance At $5.0730 With A Strong Bullish Momentum \u2013 Polkadot Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dot-to-retest-key-resistance-at-5-0730-with-a-strong-bullish-momentum-polkadot-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 17:42:05","post_modified_gmt":"2023-04-10 07:42:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9299","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9271,"post_author":"13","post_date":"2023-01-09 19:49:05","post_date_gmt":"2023-01-09 08:49:05","post_content":"\n The native tokens of Cardano and Solana recorded an increase late Sunday, pushing the overall market cap by 2.85% to $847 billion at press time. According to data shared by CoinMarketCap, ADA rose 21% to an intraday high of $0.3401, while SOL climbed 23% in the same period to a high of $16.42. Both tokens have gained 29% and 60% in the last week.<\/p>\n\n\n\n Currently ranked 12th in the industry with a market capitalization of $6 billion, SOL is trading at levels last seen at the beginning of November. Solana's total value locked<\/a> (TVL) is up 8% to $247 million in the same period, according to DefiLlama.<\/p>\n\n\n\n After losing more than 94% of its value from an all-time high of $259 following the collapse of FTX<\/a>, SOL's latest upsurge is related to a recently launched Shiba Inu-themed token on Solana. BONK<\/a> debuted in December with an airdrop<\/a> to the ecosystem's developers, NFT<\/a> collectors, and artists. The excitement around the project, having minted more than 100 trillion tokens, boosted the value of the meme crypto and Solana.\u00a0\u00a0<\/p>\n\n\n\n See Related:<\/em><\/strong> $DOGE Looks Steady Above $0.0725 And May Pullback To The Critical Resistance Near $0.0917 \u2013 Dogecoin Technical Analysis<\/a><\/p>\n\n\n\n The reasons behind the positive gains in Cardano are not specific but could partly be tied to the recent launch of\u00a0the Lace wallet<\/a>\u00a0by the blockchain developer, Input Output HK. Lace is a unified Web 3 wallet platform for managing digital assets, non-fungible tokens, and decentralized finance<\/a>. Besides, Cardano's co-founder Charles Hoskinson recently announced<\/a> that his upcoming Health & Wellness Clinic based in Wyoming would accept ADA for payments.<\/p>\n\n\n\n See Related: Cardano (ADA) Rejoins The Long-Term Bearish Rally And May Hit The Downside Target Near $0.22 \u2013 Cardano Technical Analysis<\/a><\/p>\n\n\n\n Cardano is an open-source smart contract platform that uses a proof-of-stake<\/a> consensus algorithm called Ouroboros to secure transactions. The blockchain is anticipating the launch of three major projects this year, including; Hydra, Oracles, and stablecoin Djed.<\/p>\n","post_title":"Solana, Cardano Tokens Surge Over 20% In the Past Day Amid Market Recovery","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"solana-cardano-tokens-surge-over-20-in-the-past-day-amid-market-recovery","to_ping":"","pinged":"","post_modified":"2023-04-10 17:43:08","post_modified_gmt":"2023-04-10 07:43:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9271","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Polkadot has returned near $5.0730 and may retest the resistance as the price shows more strength within the current bullish momentum.<\/p>\n\n\n\n According to the daily chart, DOTUSD started the new year 2023 with a steady uptrend following the rejection at support near $4.2418. The price now holds above the dynamic resistances (8 & 21 EMAs), showing a better bullish strength.<\/p>\n\n\n\n See Related:<\/em><\/strong> Polkadot\u2019s Development Activities Hit An All-time High<\/a><\/p>\n\n\n\n Most importantly, the 8 EMA has just moved over the 21 EMA, plotting a bullish crossover. This crossover signal will remain valid until the price holds above the EMA supports.<\/p>\n\n\n\n Furthermore, the MACD bars are rising, indicating a bullish momentum is getting stronger. Also, the MACD value rises above the signal line, which signals an uptrend ahead.<\/p>\n\n\n\n Technically, Polkadot will remain bullish until the price holds above the 21 EMA. Besides, we may see DOTUSD retests and breaks the immediate resistance at $5.0730 to continue with the current upside rally targeting $6.0230.<\/p>\n\n\n\n This is not investment advice or financial advice, and any investment decision must be taken with precaution.<\/p>\n","post_title":"$DOT To Retest Key Resistance At $5.0730 With A Strong Bullish Momentum \u2013 Polkadot Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dot-to-retest-key-resistance-at-5-0730-with-a-strong-bullish-momentum-polkadot-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 17:42:05","post_modified_gmt":"2023-04-10 07:42:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9299","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9271,"post_author":"13","post_date":"2023-01-09 19:49:05","post_date_gmt":"2023-01-09 08:49:05","post_content":"\n The native tokens of Cardano and Solana recorded an increase late Sunday, pushing the overall market cap by 2.85% to $847 billion at press time. According to data shared by CoinMarketCap, ADA rose 21% to an intraday high of $0.3401, while SOL climbed 23% in the same period to a high of $16.42. Both tokens have gained 29% and 60% in the last week.<\/p>\n\n\n\n Currently ranked 12th in the industry with a market capitalization of $6 billion, SOL is trading at levels last seen at the beginning of November. Solana's total value locked<\/a> (TVL) is up 8% to $247 million in the same period, according to DefiLlama.<\/p>\n\n\n\n After losing more than 94% of its value from an all-time high of $259 following the collapse of FTX<\/a>, SOL's latest upsurge is related to a recently launched Shiba Inu-themed token on Solana. BONK<\/a> debuted in December with an airdrop<\/a> to the ecosystem's developers, NFT<\/a> collectors, and artists. The excitement around the project, having minted more than 100 trillion tokens, boosted the value of the meme crypto and Solana.\u00a0\u00a0<\/p>\n\n\n\n See Related:<\/em><\/strong> $DOGE Looks Steady Above $0.0725 And May Pullback To The Critical Resistance Near $0.0917 \u2013 Dogecoin Technical Analysis<\/a><\/p>\n\n\n\n The reasons behind the positive gains in Cardano are not specific but could partly be tied to the recent launch of\u00a0the Lace wallet<\/a>\u00a0by the blockchain developer, Input Output HK. Lace is a unified Web 3 wallet platform for managing digital assets, non-fungible tokens, and decentralized finance<\/a>. Besides, Cardano's co-founder Charles Hoskinson recently announced<\/a> that his upcoming Health & Wellness Clinic based in Wyoming would accept ADA for payments.<\/p>\n\n\n\nCardano\u2019s Upcoming Developments Are Driving Positive Gains in ADA<\/h2>\n\n\n\n
Cardano\u2019s Upcoming Developments Are Driving Positive Gains in ADA<\/h2>\n\n\n\n
Cardano\u2019s Upcoming Developments Are Driving Positive Gains in ADA<\/h2>\n\n\n\n
Cardano\u2019s Upcoming Developments Are Driving Positive Gains in ADA<\/h2>\n\n\n\n
Cardano\u2019s Upcoming Developments Are Driving Positive Gains in ADA<\/h2>\n\n\n\n
Cardano\u2019s Upcoming Developments Are Driving Positive Gains in ADA<\/h2>\n\n\n\n
Cardano\u2019s Upcoming Developments Are Driving Positive Gains in ADA<\/h2>\n\n\n\n
Cardano\u2019s Upcoming Developments Are Driving Positive Gains in ADA<\/h2>\n\n\n\n
Cardano\u2019s Upcoming Developments Are Driving Positive Gains in ADA<\/h2>\n\n\n\n
Cardano\u2019s Upcoming Developments Are Driving Positive Gains in ADA<\/h2>\n\n\n\n
Cardano\u2019s Upcoming Developments Are Driving Positive Gains in ADA<\/h2>\n\n\n\n
Cardano\u2019s Upcoming Developments Are Driving Positive Gains in ADA<\/h2>\n\n\n\n
Polkadot (DOT) Technical Analysis<\/h2>\n\n\n\n
Cardano\u2019s Upcoming Developments Are Driving Positive Gains in ADA<\/h2>\n\n\n\n