Technical analysis by dzdennis about Symbol KDA on 3/2/2024

If daily closure comes above 1.40 levels; There is no other chance to wait for the formation to be completed. The target of the handles points to 1.98 and the dish is 2.42. With the expectation that Bitcoin stasis and money flow to the subcoins will take place, a long -term waiting can also be held in Kadena, which has a good project. KADENA, which was initiated in 2016, is a torn and scalable layer of work evidence of work. Although the most powerful of the sector in the maintenance of TPS (trading speed) is 10 times faster than fading, KADENA, which does not have a large ecosystem as Solana, is in a very strong position in terms of technical infrastructure. Strong infrastructure; In order to automatically detect errors, it includes smart contracts using the PACT software system, the lack of changes in energy use as demand increases, the process fees are very cheap, and the network work with Proof of Work. His biggest rival was solanada, many security problems and wax blockages were seen. The Kadena contains a more reliable and faster network. The rising process rate of artificial intelligence and metaverse coins, along with the increase in use, will make caden more preferable due to KADENA's TPS power. Unlike the Bitcoin network, KADENA claims to be infinitely scalable and promises the best platform to support the integration of the blok chain for businesses and global financial interactions. Since network, processing and yield expands, it promises to maintain energy efficient state, and the efficiency of processing efficiency has little effect on energy consumption. Kadena In addition, it makes it possible for businesses to receive most of their customers' fees (gas) payments by creating crypto gas stations that customers can use to balance the trading fees of their customers. As Kadena aims, it eliminates an important obstacle to adopting the blok chain and crypto currencies for the job. In this coin sector, which is very clear, it has the potential to lead in the sector, and when it happens, it will be expected to see the old prices in the long run. Kadena, who has been lowering since it was listed in the building, will not be surprised if it rises up to $ 30 in the long term ... Absolutely not investment advice!