Leading Firm Reveals Investment in Altcoins Listed on Binance – Both Altcoins Supported
Investment Announcement: Animoca Brands has made a strategic investment in IoTeX, a company focused on real-world data and AI infrastructure projects.
Role as Validator: As part of the investment, Animoca Brands will act as a validator in the IoTeX network and partner with them to enhance their ecosystem.
IoTeX's Achievements: Since its inception in 2017, IoTeX has supported 40 million devices and over 100 projects across various sectors including mobility, robotics, energy, and healthcare.
Market Impact: Following the announcement, the price of IOTX rose by 5.98%, reaching $0.03032, reflecting positive market sentiment towards the partnership.
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Technical Analysis for MAJOR
Technical Sentiment Analysis for Major (MAJOR) As of , Major (MAJOR) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 0 indicators are flashing buy, while 4 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for MAJOR 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, MAJOR 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 $-.
Major (MAJOR) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0611 | 0.0687 | 0.0776 | 0.0852 | 0.0941 | 0.102 | 0.111 |
| Fibonacci | 0.0687 | 0.075 | 0.0789 | 0.0852 | 0.0915 | 0.0955 | 0.102 |
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