VC Monthly Report: The number and amount of financing in April both decreased MoM
- Crypto VC Investments in April 2024:
- A total of 161 publicly announced investment projects in the crypto VC field in April.
- This marks a decrease of 13.4% from March 2024 and an increase of 29.8% year-on-year from April 2023.
- Sector Breakdown:
- CeFi accounted for approximately 3%, DeFi for 22%, NFT/GameFi for 19%, L1/L2 for 12%, RWA/DePIN for 11%, Tool/Wallet for 9%, and AI for 8%.
- Total Financing Amount:
- The total financing amount in April was $1.02 billion, with a decrease of 6.4% from March 2024.
- Top Investment Rounds:
- Top rounds included Monad Labs at $225 million, Berachain at $100 million, and Auradine at $80 million.
- Other Notable Investments:
- Movement Labs raised $38 million, Blockchain XION completed a $25 million round, and Thesis launched Mezo after a $21 million financing round.
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Technical Analysis for
Technical Sentiment Analysis for () As of , () 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 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, 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 $-.
() Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | - | - | - | - | - | - | - |
| Fibonacci | - | - | - | - | - | - | - |
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