Coinbase Accelerates Listing Strategy, Adds Four Altcoins to Roadmap
- Accelerated Listing Strategy: Coinbase has recently added four altcoins (Raydium, Energy Dollar, Elsa, and Sportfun) to its listing roadmap, aiming to enhance transparency and reduce volatility associated with listings, thereby boosting user trust and market stability.
- Changing Market Environment: Following the collapse of FTX, Coinbase emerged as the largest cryptocurrency exchange in the U.S., seizing the opportunity to expand services and attract major clients, including the U.S. Department of Justice, further solidifying its market leadership.
- Competitor Disappearance: With the downfall of FTX and Binance's retreat, Coinbase faces virtually no daily competitors in the U.S. market, allowing it to continuously expand its global operations without significant rivalry.
- Strategic Implications: The newly added altcoins do not guarantee immediate trading but represent a crucial final step for Coinbase, indicating its ongoing innovation and adaptability in the crypto market, which may signal potential market share growth in the future.
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Technical Analysis for SCRT
Technical Sentiment Analysis for Secret (SCRT) As of , Secret (SCRT) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 5 technical signals, shows that 1 indicators are flashing buy, while 4 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for SCRT 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, SCRT 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 $-.
Secret (SCRT) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0297 | 0.0553 | 0.0805 | 0.106 | 0.131 | 0.157 | 0.182 |
| Fibonacci | 0.0553 | 0.0747 | 0.0867 | 0.106 | 0.126 | 0.138 | 0.157 |
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