Pyth flips Chainlink in 30-day volume, Chronicle CEO weighs in
Pyth Network's Growth: Pyth Network has surpassed Chainlink in 30-day transaction volume, reaching $36 billion, due to its pull-based Oracle model that is optimized for high-frequency applications like trading.
Oracle Market Dynamics: Niklas Kunkel highlighted a shift in the Oracle landscape, with Pyth and other providers gaining traction by focusing on speed and efficiency, while traditional models like Chainlink face challenges in innovation and operational costs.
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Technical Analysis for XNL
Technical Sentiment Analysis for Chronicle (XNL) As of , Chronicle (XNL) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 0 technical signals, shows that 0 indicators are flashing buy, while 0 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for XNL 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, XNL 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 $-.
Chronicle (XNL) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | - | - | - | - | - | - | - |
| Fibonacci | - | - | - | - | - | - | - |
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