Avail to Collaborate with Sophon to Back User Entertainment Onchain
Collaboration Announcement: Avail DA has partnered with Sophon to integrate its technology into user-focused applications across various sectors, including AI, art, and gaming, enhancing on-chain entertainment experiences.
Technical Advancements: The integration utilizes Avail's Light Client technology and ZK Stack for scalable data availability and transaction integrity, aiming to provide users with rapid access to verifiable data while maintaining cost efficiency.
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Technical Analysis for SOPH
Technical Sentiment Analysis for Sophon (SOPH) As of , Sophon (SOPH) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 7 technical signals, shows that 4 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for SOPH stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, SOPH is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Sophon (SOPH) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | -0.00303 | 0.00256 | 0.00634 | 0.0119 | 0.0157 | 0.0213 | 0.0251 |
| Fibonacci | 0.00256 | 0.00614 | 0.00835 | 0.0119 | 0.0155 | 0.0177 | 0.0213 |
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