Empowering Web3: Coinbase Developer Wallets Arrive
Coinbase Developer Wallets Launch: Coinbase has introduced Developer Wallets, a new API-driven service designed to simplify wallet management for developers and businesses in the Web3 space, allowing them to create and manage wallets without handling sensitive private keys.
Benefits and Considerations: The service offers advantages such as accelerated development, reduced security burdens, and scalability, but also raises concerns about centralization, costs, and potential limitations on customization.
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Technical Analysis for SCR
Technical Sentiment Analysis for Scroll (SCR) As of , Scroll (SCR) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 7 technical signals, shows that 4 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for SCR 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, SCR 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 $-.
Scroll (SCR) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0199 | 0.032 | 0.0441 | 0.0562 | 0.0682 | 0.0803 | 0.0924 |
| Fibonacci | 0.032 | 0.0412 | 0.0469 | 0.0562 | 0.0654 | 0.0711 | 0.0803 |
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