Wager on Football Using Cryptocurrency: Web3 Sportsbooks Featuring Major Leagues
Shift to Web3 Sportsbooks: The rise of crypto adoption is leading bettors to prefer Web3 platforms over traditional sportsbooks, offering benefits like speed, privacy, and transparency without the need for KYC or centralized fund custody.
Characteristics of Web3 Sportsbooks: True Web3 sportsbooks are defined by minimal identity verification, crypto-native infrastructure, fast settlement, greater transparency, and user-controlled access, appealing to bettors who prioritize these features.
Dexsport as a Benchmark: Dexsport, a decentralized sportsbook launched in 2022, exemplifies a Web3 platform with no-KYC access, fast crypto transactions, and comprehensive football coverage, making it a model for future crypto betting sites.
Other Crypto Sportsbooks: While Dexsport leads in Web3 design, other platforms like Vave, Stake, Lucky Block, and Thunderpick also offer football betting, each with varying degrees of decentralization and focus on user control.
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Technical Analysis for DEFI
Technical Sentiment Analysis for DeFi (DEFI) As of , DeFi (DEFI) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 7 technical signals, shows that 4 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for DEFI 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, DEFI 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 $-.
DeFi (DEFI) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.000199 | 0.000247 | 0.000288 | 0.000336 | 0.000377 | 0.000425 | 0.000466 |
| Fibonacci | 0.000247 | 0.000281 | 0.000302 | 0.000336 | 0.00037 | 0.000391 | 0.000425 |
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