Avalanche Selects Funtico to Eliminate Obstacles for Web3 Game Developers
Partnership Announcement: Avalanche has partnered with Funtico to establish an indie gaming platform, enhancing its gaming ecosystem by providing developers with tools for blockchain integration.
GameLoop Season 1 Launch: The collaboration will kick off with GameLoop Season 1 on September 8, featuring a $30,000 prize pool for high-score browser games and offering technical support to participants.
Funtico’s PaaS Model: Funtico's Publisher-as-a-Service model allows game studios to publish games without the complexities of blockchain, providing essential tools like payment gateways and compliance standards.
Commitment to Developers: This partnership emphasizes Avalanche's dedication to fostering a sustainable gaming environment, enabling developers to gain visibility and monetization opportunities while players access a growing library of games.
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Technical Analysis for AVAX
Technical Sentiment Analysis for Avalanche (AVAX) As of , Avalanche (AVAX) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 1 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for AVAX 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, AVAX 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 $-.
Avalanche (AVAX) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 4.368 | 5.959 | 7.718 | 9.309 | 11.068 | 12.659 | 14.418 |
| Fibonacci | 5.959 | 7.239 | 8.029 | 9.309 | 10.589 | 11.379 | 12.659 |
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