AST SpaceMobile Shares Surge 21% on Rakuten Partnership News
- Significant Stock Surge: AST SpaceMobile's shares soared 21.44% on Monday, closing at $86.77, primarily driven by news of a potential $1 billion collaboration with Japan's Rakuten Group, reflecting strong market confidence in its growth prospects.
- Satellite Deployment Progress: The company confirmed that BlueBird satellites 8, 9, and 10 have successfully achieved operational status in orbit, marking a significant expansion of its commercial satellite fleet and enhancing its competitive edge in the satellite communications market.
- Future Launch Plans: AST SpaceMobile aims to deploy between 45 and 60 satellites by the end of 2026, with satellites 11, 12, and 13 currently in preparation for launch in early August, further solidifying its market position.
- Optimistic Industry Outlook: The satellite sector's investor sentiment has improved following Rocket Lab's $8 billion acquisition proposal for Iridium Communications, with AST's market valuation reaching approximately $27.73 billion, despite its stock still trading below last month's peak, indicating ongoing market interest in its long-term potential.
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Technical Analysis for DAG
Technical Sentiment Analysis for Constellation (DAG). As of , Constellation (DAG) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 8 technical signals, shows that 4 indicators are flashing buy, while 4 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for DAG 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 crypto.
Support, Resistance & Moving Averages. From a structural perspective, DAG 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 $-.
Constellation (DAG) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.00251 | 0.00377 | 0.00539 | 0.00665 | 0.00826 | 0.00952 | 0.0111 |
| Fibonacci | 0.00377 | 0.00487 | 0.00555 | 0.00665 | 0.00774 | 0.00842 | 0.00952 |
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