טעק

קענען Cardano צושטעלן די שטיצן קאָסמאָס דאַרף צו ונטערהאַלטן זיין וווּקס? 

01/30/2023
ביטקאָין עטהערעום נייַעס
  • Cardano is planning to connect with the Cosmos ecosystem.
  • ATOM’s on-chain metrics were supportive of a continued surge. 

קאָסמאָס [ATOM] managed to register gains on its weekly charts by increasing its price by more than 2%.

לויט קאָונמאַרקעטקאַפּ, אין דער צייט פון שרייבן, עס איז געווען טריידינג ביי $ 13.71 מיט אַ מאַרק קאַפּיטאַליזיישאַן פון איבער $ 3.8 ביליאָן.

Though this uptick can be attributed to the broader market condition, a few other factors also seem to be at play simultaneously. Well, one of which can be Cardano’s plan for connecting with the Cosmos ecosystem. 

לייענען קאָסמאָס ס [אַטאָם] פּרייס פּראָגנאָז 2023-24

Notably, World Mobile and Input Output Global are ארבעטן with Cardano’s sidechains project team, to fully integrate the purpose-built World Mobile Chain using Tendermint as a Cardano sidechain.

בילד

The joint objective of this technology initiative is to connect the public mainnet of Cardano with a permissioned solution created using the Cosmos SDK. With this new initiative, new possibilities will open up for interoperability between the Cosmos and Cardano ecosystems. 

אָבער איז דאָס גענוג?

Interestingly, a look at אַטאָם’s on-chain metrics revealed that the above-mentioned development can further help the token go up on the charts.

Negative sentiments around ATOM decreased in the last few days. Cosmos remained in demand in the futures market as its Binance funding rate was consistently up.

Moreover, the token’s development activity went up over the last week, which looked like a promising sign as it reflected the increased efforts of the developers in improving the network. 

מקור: סאַנטימענט

ווי פיל זענען 1,10,100 ATOMs ווערט היינט?

The bulls are still ahead

אַטאָם’s daily chart revealed that the good times might continue for a few more days, as it was evident that the bulls still had an upper hand in the market.

The Exponential Moving Average (EMA) Ribbon pointed out that the 20-day EMA was well above the 55-day EMA, establishing a buyers’ edge.

Though the Chaikin Money Flow (CMF) registered a downtick, it was still above the neutral mark. However, the Relative Strength Index (RSI) was hovering near the overbought zone, which might bring trouble in the future. 

מקור: טראַדינגוויעוו

Source: https://ambcrypto.com/can-cardano-provide-the-support-cosmos-needs-to-sustain-its-growth/