Community Responds to DappRadar's Announcement of Platform Closure
DappRadar's Closure: DappRadar, a key platform for discovering decentralized applications, has announced its shutdown after seven years, leaving the Web3 community disappointed and marking the end of an important era in blockchain tracking and dapp discovery.
Community Reactions: The announcement has elicited emotional responses from users and developers, expressing gratitude for DappRadar's contributions while also voicing frustration over the challenges faced by the platform and the broader industry.
Legacy and Future: Despite the closure, there is hope within the community that DappRadar's legacy will inspire new solutions for dapp discovery and blockchain transparency, with some members expressing interest in taking over the platform.
Impact on Web3 Ecosystem: The shutdown of DappRadar is seen as a significant loss for the Web3 ecosystem, but it has also sparked discussions about the future of decentralized technologies and the need for reliable data sources in the space.
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Technical Analysis for CGPT
Technical Sentiment Analysis for ChainGPT (CGPT) As of , ChainGPT (CGPT) 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 CGPT 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, CGPT 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 $-.
ChainGPT (CGPT) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.00745 | 0.0125 | 0.0179 | 0.0229 | 0.0283 | 0.0333 | 0.0387 |
| Fibonacci | 0.0125 | 0.0165 | 0.019 | 0.0229 | 0.0269 | 0.0294 | 0.0333 |
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