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Cardano and Chainlink: Market Overview

Cardano and Chainlink: Market Overview

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by Giorgi Kostiuk

4 hours ago


The cryptocurrency market is showing positive trends again, with several key assets demonstrating encouraging results.

Cardano Demonstrates Growth and Hopes for Further Strength

Cardano (ADA) is experiencing steady growth, trading above $0.70. The recent formation of a Golden Cross, where the 50-day moving average crosses above the 200-day moving average, signals the potential for further price gains. Over the past seven weeks, $379 million worth of ADA has been accumulated, demonstrating robust demand.

Chainlink Faces Key Resistance Levels

Chainlink (LINK) is also showing positive momentum as it approaches a challenging resistance level between $28 and $32. A breakout here could propel prices towards $45. Technical indicators support this scenario, with RSI and MACD highlighting potential.

Unstaked Enters Ninth Stage of Presale

Unstaked distinguishes itself by focusing on real results within Web3. This initiative has implemented a Proof of Intelligence system, allowing the tracking and rewarding of actions by AI agents. Unstaked is currently concluding the ninth stage of its presale, having raised over $4.5 million.

Current trends in the cryptocurrency market show positive developments for both Cardano and Chainlink, while Unstaked stands out for its focus on real solutions.

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