23 February, 2024



Antlink Is Ecstatic To Be the First Oracle Network on Ethereumpow

1 year ago

22 Nov, 2023

Most oracle vendors followed PoS, we’re so blessed to have antlinkpow the first decentralized oracle network on the ETHW chain to open up the interaction between blockchain and the real world. This will allow for many new projects that provide the foundation for the development of EthereumPoW to come about.

This is a great move that will help the EthereumPoW network become more widely used and adopted. The opening celebrations took place yesterday and it was a great success.

This is a HUGE milestone for the ETHW network and ecosystem as it provides the foundation for the development of EthereumPoW. Antlinkpow is the first decentralized oracle network on the ETHW chain to open up the interaction between blockchain and the real world. It will allow many new projects to come to fruition that would have otherwise been impossible.

Antlink is excited to be the first decentralized oracle network on Ethereum. It will provide tamper-proof inputs, outputs, and computations to support advanced smart contracts on the Ethereum blockchain. This will allow for more complex applications and transactions to be built on Ethereum, making it an even more powerful and versatile platform.

Antlink’s decentralized nature ensures that our data is reliable and trustworthy, as it is not controlled by any single entity. This allows developers to build applications with confidence, knowing that their data is accurate and up-to-date.

What does technicals suggest about ETHW?

The 4-hour chart for ETHW/USD pair on Tradingview shows a bearish trend in the short term. However, the MACD histogram suggests a possible bullish trend soon.

Source: Tradingview

ETHW/USD pair is currently trading at $6.71 and the 4-hour chart suggests on the four-hour chart, the exponential moving average (EMA) 20 has crossed the EMA 50 from below which is a bullish sign. The relative strength index (RSI) is currently at 53.76 which suggests that the market is neither overbought nor oversold.

The technical indicators on both the 4-hour and the daily chart are suggesting a bullish trend soon. However, it is always advisable to wait for confirmation before taking any positions in the market.

Conclusion

The market is currently in a bearish trend in the short term. However, the technical indicators on both the 4-hour and daily charts are suggesting a possible bullish trend soon. It is always advisable to wait for confirmation before taking any positions in the market.

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