Blockchain for Good Alliance Hosts Summit in the UK
- Global Leaders Gather: The Blockchain for Good Alliance (BGA) convened its inaugural Impact Leaders Summit at the UK House of Lords, bringing together senior representatives from government, finance, technology, and international organizations, marking a significant milestone in BGA's expansion into the UK ecosystem.
- Report Launch: BGA released its first impact report, 'The State of Blockchain for Good,' emphasizing that blockchain technology should not only serve economic interests but also promote societal welfare, reflecting a shift in values within the industry.
- Innovation Hub Development: The summit highlighted the UK's growing importance as a center for financial innovation and regulatory leadership, with BGA's involvement aimed at accelerating the deployment of impactful blockchain solutions and fostering a sustainable blockchain ecosystem globally.
- Future Outlook: BGA plans to host more summits across different regions to continue fostering global dialogue at the intersection of technology, governance, and impact capital, pushing blockchain technology towards scalable real-world applications.
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Technical Analysis for IMX
Technical Sentiment Analysis for Immutable (IMX). As of , Immutable (IMX) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 6 technical signals, shows that 2 indicators are flashing buy, while 4 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for IMX 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, IMX 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 $-.
Immutable (IMX) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.109 | 0.12 | 0.13 | 0.14 | 0.15 | 0.161 | 0.171 |
| Fibonacci | 0.12 | 0.128 | 0.132 | 0.14 | 0.148 | 0.153 | 0.161 |
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