Flux Advances Decentralized Computing Upgrades, No Mention of 'Compute Cartels'
- Decentralized Upgrades: Flux is undergoing compute upgrades focusing on FluxNodes and PoUW transitions, and despite rumors of 'Compute Cartels', there is a lack of direct evidence supporting these claims, demonstrating the company's commitment to its decentralized vision.
- Stable Market Response: Market data indicates that FLUX price and operations have not been impacted by the 'Compute Cartels' allegations, reflecting the community's skepticism towards these claims and showing no significant changes in market behavior.
- Expert Opinions: Experts emphasize that there is currently no publicly available information or quotes from Flux leadership explicitly relating to 'Compute Cartels', and historically, no similar events have emerged in Flux's official narratives, further supporting skepticism towards these allegations.
- Clear Strategic Goals: Flux's ongoing projects and focus on decentralized computing reflect its strategic goals for innovative growth in the crypto space, ensuring that potential regulatory and technological implications remain theoretical.
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Technical Analysis for FLUX
Technical Sentiment Analysis for Flux (FLUX) As of , Flux (FLUX) 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 FLUX 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, FLUX 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 $-.
Flux (FLUX) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0233 | 0.0419 | 0.0603 | 0.0789 | 0.0973 | 0.116 | 0.134 |
| Fibonacci | 0.0419 | 0.056 | 0.0647 | 0.0789 | 0.093 | 0.102 | 0.116 |
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