Cartesi Unveils Major Updates to Blockchain Ecosystem
Infrastructure Enhancements: Cartesi has announced updates to its infrastructure aimed at improving scalability, operational capacity, and user accessibility, which have been positively received by the community and stakeholders.
Market Impact and Trends: Analysts believe these strategic updates could enhance Cartesi's market position and user base, drawing parallels with Ethereum's past scalability improvements that led to increased valuation and engagement in the blockchain sector.
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Technical Analysis for MAJOR
Technical Sentiment Analysis for Major (MAJOR). As of , Major (MAJOR) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 8 technical signals, shows that 6 indicators are flashing buy, while 2 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for MAJOR 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, MAJOR 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 $-.
Major (MAJOR) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.00444 | 0.0319 | 0.0476 | 0.0751 | 0.0908 | 0.118 | 0.134 |
| Fibonacci | 0.0319 | 0.0484 | 0.0586 | 0.0751 | 0.0916 | 0.102 | 0.118 |
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