Four Pillars Secures $21.9M Series A Funding to Transform Web3 Research
- Funding Scale and Leaders: Four Pillars successfully secured $21.9 million in Series A funding, co-led by Pantera Capital and Further Ventures, with this round valuing the company at 30 billion won, reflecting strong market confidence in its Web3 research.
- Market Connection Strategy: The company aims to assist international investors in overcoming information asymmetry by providing localized market insights, particularly in crypto-dominant markets like South Korea and Japan, thereby enhancing its influence in the global financial system.
- Product and Service Expansion: Four Pillars plans to evolve from a traditional research firm into a comprehensive solutions provider by developing data APIs and analytics dashboards to support client decision-making with real-time market data, further enhancing its image as a technology company.
- Future Development Goals: The company has set a target to double its research team to 50 members within the next 12 months and plans to launch its first API product by Q3 2025, demonstrating its ambition for global market expansion and profitability.
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Technical Analysis for FORM
Technical Sentiment Analysis for Formation Fi (FORM). As of , Formation Fi (FORM) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 7 technical signals, shows that 6 indicators are flashing buy, while 1 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for FORM 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, FORM 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 $-.
Formation Fi (FORM) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.193 | 0.216 | 0.237 | 0.26 | 0.281 | 0.304 | 0.325 |
| Fibonacci | 0.216 | 0.233 | 0.244 | 0.26 | 0.277 | 0.287 | 0.304 |
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