Crypto VC funding: Circle's $1.1b IPO, IOST's $21m raise
Crypto Funding Surge: In the first week of June, crypto projects secured $1.17 billion in funding, highlighted by Circle's $1.1 billion IPO on the NYSE and significant investments in various projects like IOST and Rails.
Diverse Investment Activity: The week showcased a mix of major strategic rounds and early-stage funding, indicating a strong investor interest across the Web3 ecosystem, with notable raises including $21 million for IOST and $8 million for a DeFi project.
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Technical Analysis for IOST
Technical Sentiment Analysis for IOST (IOST). As of , IOST (IOST) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 3 technical signals, shows that 0 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for IOST 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, IOST 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 $-.
IOST (IOST) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.00067 | 0.000861 | 0.00105 | 0.00124 | 0.00143 | 0.00162 | 0.00181 |
| Fibonacci | 0.000861 | 0.00101 | 0.0011 | 0.00124 | 0.00139 | 0.00148 | 0.00162 |
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