Crypto VC Funding: Bullish dominates with $1.1b public sale, Story Protocol secures $82m
Crypto Funding Surge: This week saw a resurgence in crypto funding with nearly $1.5 billion raised across 18 projects, highlighted by Bullish's IPO that raised $1.1 billion and achieved a valuation of $5.4 billion.
Major Investments: Key investments included Story Protocol's partnership with Heritage Distilling worth $220 million, cybersecurity firm 1Kosmos raising $57 million, and Transak securing $16 million for web3 payment infrastructure.
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Technical Analysis for SHRAP
Technical Sentiment Analysis for Shrapnel (SHRAP) As of , Shrapnel (SHRAP) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 5 technical signals, shows that 2 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for SHRAP 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, SHRAP 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 $-.
Shrapnel (SHRAP) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.000311 | 0.000688 | 0.00104 | 0.00141 | 0.00176 | 0.00214 | 0.00249 |
| Fibonacci | 0.000688 | 0.000965 | 0.00114 | 0.00141 | 0.00169 | 0.00186 | 0.00214 |
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