DePIN Grass Raises $10M in Funding from Key Investors
Funding Announcement: DePIN Grass secured $10 million in funding from Polychain Capital and Tribe Capital to enhance its AI capabilities and data offerings, reflecting strong investor confidence in the company's growth potential.
Market Impact: The investment highlights a growing interest in decentralized systems and blockchain technologies, with positive market reactions indicating that DePIN Grass's expansion strategy could lead to increased operational efficiency and new opportunities in the AI sector.
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Technical Analysis for GRASS
Technical Sentiment Analysis for Grass (GRASS) As of , Grass (GRASS) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 7 technical signals, shows that 4 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for GRASS 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 stock.
Support, Resistance & Moving Averages From a structural perspective, GRASS 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 $-.
Grass (GRASS) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0803 | 0.121 | 0.161 | 0.202 | 0.242 | 0.283 | 0.323 |
| Fibonacci | 0.121 | 0.152 | 0.171 | 0.202 | 0.233 | 0.252 | 0.283 |
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