Bons Ranks Top 100 Blockchains, Revealing Strengths and Weaknesses
- Ranking Methodology: Justin Bons evaluates the top 100 blockchains using a consistent standard that focuses on scalability, governance, decentralization, economic design, and reliability, providing investors with an objective comparison tool.
- Scalability Criteria: Bons states that any blockchain exceeding 2,000 transactions per second earns recognition, emphasizing the importance of scalability for global adoption while ensuring only Layer 1 performance is considered.
- Governance Mechanism Requirements: Effective on-chain governance is crucial in Bons' assessment, with only fully implemented systems receiving recognition, which helps prevent centralization and reduces decision-making risks, ensuring long-term sustainability of blockchains.
- Decentralization and Reliability: Bons mandates a minimum of 150 validators to ensure decentralization and emphasizes the importance of operational stability, stating that only chains with no total failures over two years can be deemed reliable, thereby enhancing user trust.
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Technical Analysis for TST
Technical Sentiment Analysis for Test (TST) As of , Test (TST) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 3 technical signals, shows that 0 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for TST 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, TST 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 $-.
Test (TST) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0043 | 0.00647 | 0.00869 | 0.0109 | 0.0131 | 0.0153 | 0.0175 |
| Fibonacci | 0.00647 | 0.00815 | 0.00919 | 0.0109 | 0.0125 | 0.0136 | 0.0153 |
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