Dapper Labs Halts NFL ALL DAY NFT Minting for Next-Gen Development
- Minting Halt: Dapper Labs has announced a pause in the minting of new Moment NFTs for its NFL ALL DAY platform, allowing existing NFT holders to continue trading, indicating a reassessment of its digital collectibles strategy to adapt to market changes.
- Strategic Shift: This pause is not a shutdown of NFL ALL DAY but a strategic pivot as Dapper Labs focuses resources on developing the next generation of NFL digital collectibles, with details expected in the coming months, reflecting the company's commitment to long-term growth.
- Market Response: The decision reflects a broader recalibration in the NFT market, as Dapper Labs aims to enhance user experience and product sustainability by halting new minting, potentially introducing more compelling features to adapt to changing collector behaviors.
- Ecosystem Impact: The halt in new minting may facilitate deeper integration with the Flow blockchain's capabilities, enhancing scalability and user experience, as Dapper Labs seeks to solidify its leading position in the evolving NFT market through this strategic pivot.
Get Real-Time Alerts for Any Crypto Movement
Technical Analysis for FLOW
Technical Sentiment Analysis for Flow (FLOW). As of , Flow (FLOW) 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 FLOW 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, FLOW 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 $-.
Flow (FLOW) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0276 | 0.0318 | 0.036 | 0.0402 | 0.0444 | 0.0485 | 0.0527 |
| Fibonacci | 0.0318 | 0.035 | 0.037 | 0.0402 | 0.0434 | 0.0453 | 0.0485 |
About FLOW
About the author
