SK Planet to Acquire MOCA Coin from Open Market to Implement Moca Network's Large-Scale Decentralized Identity System
SK Planet's Acquisition of MOCA Coin: SK Planet, part of South Korea's SK Group, announced its purchase of MOCA Coin to engage with Moca Network's decentralized identity infrastructure, enhancing credential issuance and verification for its 28 million users.
Integration of Decentralized Identity Solutions: The partnership will allow SK Planet to implement zero-knowledge proof technology and decentralized identity verification, enabling 95,000 merchant partners to verify user data with consent, thus promoting user data ownership and interoperability across platforms.
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Technical Analysis for MOCA
Technical Sentiment Analysis for Moca Network (MOCA) As of , Moca Network (MOCA) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 6 technical signals, shows that 3 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for MOCA 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, MOCA 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 $-.
Moca Network (MOCA) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.00539 | 0.00924 | 0.013 | 0.0169 | 0.0207 | 0.0245 | 0.0283 |
| Fibonacci | 0.00924 | 0.0122 | 0.014 | 0.0169 | 0.0198 | 0.0216 | 0.0245 |
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