Coinbase Lists New NFT Token and Altcoin Expansion
- NFT Token Listing: Coinbase has listed a new NFT token on the Solana network, marking a significant expansion in its digital asset offerings aimed at attracting more users and increasing platform activity.
- Phased Listing Model: To minimize market volatility, Coinbase adopts a phased listing model that includes order-only and normal trade modes, ensuring smoother integration of new tokens and reducing speculative movements.
- New Altcoin Addition: Coinbase has added Infinex (INX) to its listing roadmap, with an expected listing within 24 hours, demonstrating its ability to respond quickly to market demands and potentially influencing the token's market value.
- Diversification Strategy: The current roadmap includes several altcoins like MegaETH (MEGA) and Energy Dollar (ENERGY), aiming to attract a broader investor base through a diversified product portfolio, thereby enhancing its competitive position in the cryptocurrency trading market.
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Technical Analysis for DOOD
Technical Sentiment Analysis for Doodles (DOOD) As of , Doodles (DOOD) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 1 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for DOOD 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, DOOD 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 $-.
Doodles (DOOD) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.00165 | 0.00247 | 0.00325 | 0.00406 | 0.00484 | 0.00566 | 0.00644 |
| Fibonacci | 0.00247 | 0.00308 | 0.00345 | 0.00406 | 0.00467 | 0.00505 | 0.00566 |
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