DevDAO Launches Infrastructure as a Service Model for Web3 Development (18 Dec)
DevDAO Launches Developer DAO Cloud: DevDAO has introduced its managed infrastructure platform, Developer DAO Cloud, featuring a high-performance blockchain node product for eight chains, in partnership with Pocket Network to enhance diversity and resilience.
Cost Efficiency and Reliability: The platform aims to provide lower-cost and more efficient services compared to competitors, focusing on ease of use and reliability while eliminating compute bloat to improve return on investment.
Streamlined Developer Experience: DevDAO Cloud simplifies infrastructure management for developers, allowing them to integrate a single URL RPC endpoint into blockchain SDKs, thus enabling them to concentrate on application development.
Future Vision and Expansion: DevDAO envisions expanding its offerings to include virtual machines, cloud runtimes, and storage solutions, leveraging its developer community and partnership with Pocket Network to enhance Web3 infrastructure deployment.
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Technical Analysis for POKT
Technical Sentiment Analysis for Pocket Network (POKT) As of , Pocket Network (POKT) is exhibiting a Buy technical sentiment. Our proprietary analysis, which aggregates 3 technical signals, shows that 3 indicators are flashing buy, while 0 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for POKT 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, POKT 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 $-.
Pocket Network (POKT) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | -0.00844 | 0.00021 | 0.0077 | 0.0164 | 0.0238 | 0.0325 | 0.04 |
| Fibonacci | 0.00021 | 0.00638 | 0.0102 | 0.0164 | 0.0225 | 0.0263 | 0.0325 |
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