KDA Price AnalysisThe daily chart shows that Kadena has gone vertical in the last couple of days. As you can see, the KDA token flat-lined for most of the year and only started to catch a bid in October. As a result, the Relative Strength Index reads 86.71, indicating the rally is incredibly overdone.
Logically, an RSI of 86.71 suggests an imminent reversal. However, since when have cryptocurrencies been logical? On that basis, I cannot measure if the price will continue higher or collapse in the near term. Although in my experience, parabolic rallies normally end in spectacular (violent) fashion.
Therefore, investors should exercise caution at the current level. This does not mean the Kadena price won’t go higher but will be vulnerable to shocks lower, as we saw yesterday.
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Kadena
KDA (Kadena) -----> LONG"KADENA, I had no idea how much I need her. . .In peaceful times I hold her close and I feed her". Sound familiar? I've seen this story/chart before and therefore, I am in! What is Kadena? A layer 1 smart contract platform that can scale, like, Infinitely bruh, with low fees :-) Some say, with Kadena, there is no reason for a layer 2 solution. ETH, SOL, AVAX... Eat your heart out! -Happy Trading!
Kadena Greetings
citizenz of the moon
today we will analyze KDA, Kadena’s public blockchain is a braided, high-throughput Proof of Work system that runs Chainweb, a protocol that delivers security and throughput. The Kadena network will unite public applications, private blockchains, and other interoperable chains in one place, driving traffic to the high-bandwidth computer at the heart of the Kadena public chain. Kadena enterprise software is in use today by major companies in finance, healthcare, and insurance while allowing builders with a vision to skip straight from idea to product. With the launch of Kadena’s public chain, this system will support blockchain application development, from private to public and everywhere in between. The Kadena token (KDA) is a digital currency that is used to pay for computation on the Kadena public chain. Similar to ETH on Ethereum, KDA on Kadena is the token in which miners are compensated for mining blocks on the network and is the transaction fee that users pay in order to have their transactions included in a block.
expect US.
KDA Kadena Bull flag in play on 1D !Kda is the strongest project out there having all qualities which should have in a block-chain ( scalability , security & decentralization ) !
Recently price went to the moon and it formed a bull flag on daily time frame - good news is it broke the bull flag and retested the support am looking for a ATH and price above to 10$
Ps:- NFA ! this is my observation on tha charts !
Kadena Blockchain- Like i said in my older Analyse, while some peoples are waiting for some projects to moon, some projects are taking the path already.
- Before you invest in a Project you have to DYOR a maximum, don't use Twitter, Youtube or influencers, don't be lazy!, research by Yourself!, check the Tech, check investors and Ventures, check the Team, check Advisors.
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A bit about Kadena :
- Kadena's blockchain enables enterprises across industries to efficiently transact and share data in a decentralized manner.
- Kadena's technology aims to solve the challenges with current generation blockchains issues such as speed, scalability, and security.
- Prior to founding Kadena in 2016, Stuart Popejoy and Will Martino led "JP Morgan's Blockchain" Center for Excellence.
- Dyor also about GoldShell KD5, KD2 rentability, you will understand why this coin is going up slowly but surely.
- www.asicminervalue.com
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Next Targets
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TP1 : 2.95$
TP2 : 4.45$
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Stay Safe!
Happy Tr4Ding !
WEEKLY $KDA $KADENA 80$WEEKLY $KDA $KADENA GO TO THE MOON SOON BEST BLOCKCHAIN
$KDA is a sleeping giant get used to seeing these names together $ETH $ADA $SOL $BNB
@KadenaCommunity
$KDA token supply - 1billion to be mined for 120yrs. $KDA team- Elite snipers. $KDA - smart contract language "PACT" . Is the Blockchain live- YES and currently can settle all the Defi on #ETH and stock market without breaking a sweat. $KDA Transaction fee.0000000009$. #altcoin
@CryptoTemplars
trade.kucoin.com/KDA-USDT
Telegram Official :t.me/kadena_io
Kadena Trader :t.me/KadenaTraders
Discord :Discord.io/Kadena
$KDA #Kadena🇰 ⛓🕸
NFA
KadenaKadena's blockchain enables enterprises across industries to efficiently transact and share data in a decentralized manner. Kadena's technology aims to solve the challenges with current generation blockchains -- issues such as speed, scalability, and security.
This Project was made by the Team wich did JP Morgan Coin. DYOR is important. Total ROI is only around 100% so it means this project didn't rush yet. Token sale was around 0.13$ for Public.
Trading :
Buy 0.46 (Small Buy)
Buy 0.40 (Strong Buy)
TP : 1.1995$ ( You also can add a security TP around 0.99ish before the round number 1 )
Stop Loss : 0.2985$
Happy Tr4Ding !