Brave becomes the first web browser to launch on-chain domain naming service for over 85m users
Brave Launches On-Chain Domains: The web browser Brave has introduced its own on-chain top-level domain '.brave' in collaboration with Unstoppable Domains, allowing users to mint domains as non-fungible tokens on the Polygon network, enhancing digital identity and simplifying cryptocurrency transactions.
Future Developments and Features: Brave is exploring ICANN registration for broader functionality in both Web2 and Web3 environments, while also expanding its wallet capabilities to support Cardano (ADA) and facilitate governance for ADA holders.
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Technical Analysis for S
Technical Sentiment Analysis for Sonic (prev. FTM) (S). As of , Sonic (prev. FTM) (S) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 0 indicators are flashing buy, while 4 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for S 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, S 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 $-.
Sonic (prev. FTM) (S) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0226 | 0.0302 | 0.0372 | 0.0448 | 0.0518 | 0.0594 | 0.0663 |
| Fibonacci | 0.0302 | 0.0358 | 0.0392 | 0.0448 | 0.0504 | 0.0538 | 0.0594 |
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