Transformative Collaboration: The Role of Pocket Network RPC Services in Shaping GetBlock’s Decentralized Vision
Partnership Overview: Pocket Network has partnered with GetBlock to provide wholesale RPC services, enhancing decentralized web3 infrastructure and offering developers more resilient and cost-effective access to blockchain data.
Benefits of the Deal: The collaboration allows GetBlock to operate nodes at lower costs, improving service reliability through decentralization, which reduces single points of failure and enhances access to various blockchain networks.
Impact on POKT Token: The partnership increases demand for the POKT token, as payments for RPC services will be made in POKT, and a portion of these tokens will be burned, potentially creating a deflationary effect on its supply.
Future Outlook: While the partnership holds promise for the web3 ecosystem, its success depends on effective integration and the ongoing preference for decentralized solutions over centralized providers, potentially paving the way for similar collaborations.
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Technical Analysis for TOKEN
Technical Sentiment Analysis for TokenFi (TOKEN) As of , TokenFi (TOKEN) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 3 technical signals, shows that 0 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for TOKEN 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, TOKEN 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 $-.
TokenFi (TOKEN) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.000696 | 0.00175 | 0.00258 | 0.00363 | 0.00446 | 0.00552 | 0.00634 |
| Fibonacci | 0.00175 | 0.00247 | 0.00292 | 0.00363 | 0.00435 | 0.0048 | 0.00552 |
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