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Cardano {ADA} status update tied to development published; Plutus Engineer to attend Wyoming Hackathon

Bitcoin

Cardano is ranked at #11 in the market underneath Monero but ahead of Stellar and LEO. So far, the price surged at a rate of 1.71% in the course of the past 24-hours. The trading volume recorded is $43.261 million, whereas the supply has 25,927,070,538 ADA coins involved in circulation. The total market cap of Cardano is $1.225 billion as of this instant. Currently, ADA is priced at $0.047264.

According to the data associated with the ADA/USD candlestick chart on tradingview, the bulls are starting to seize back momentum as sellers have begun to slow down. The final 3 Awesome Oscillator peaks all bear the green shade, which points to buyers taking over. The daily RSI [for 14 periods] is at 49.12.

After 10th September, the MACD line has recorded a firm growth atop the signal line. Barriers may play a role if bulls push the price all the way to $0.05269, and support can be found close to the $0.04313 level.

The status update posted refers to the weekly highlights related to the development of the ecosystem. The V2 API integration [for the wallet] is being attended to so that the transition to Shelley occurs in a smooth manner. This week, the team shall try to connect the API with the incentivized testnet node in order to establish a primary interface for the application platform, the newly-unveiled Cardano Explore, and Daedalus.

The Marlowe and the Plutus groups are diligently prepping for upcoming hackathons. The main celebration related to the 2nd Year Anniversary will transpire in Plovdiv, Bulgaria. Both Charles Hoskinson and David Esser shall be present; so far the meetup has attracted the attention of 78 people.

Disclaimer - OBN is an informational website which aims to give the latest blockchain related news to the readers. Articles on OBN should not be considered as investment advice. Trading cryptocurrencies is a high-risk investment, every user is advised to consult an expert before making any decisions.