GIWA Chain Becomes First OP Enterprise Self-Managed Blockchain
- Strategic Partnership: The Optimism Foundation has signed a memorandum of understanding with Dunamu to co-develop GIWA Chain, marking it as the first Ethereum Layer 2 network deployed under the OP Enterprise Self-Managed model, enhancing Upbit's competitive edge in the global crypto market.
- Operational Control: Dunamu will operate the primary sequencer for GIWA Chain, ensuring full control over core network decisions, which not only enhances Upbit's operational flexibility but also provides over 13 million registered users with improved performance and compliance.
- Infrastructure Support: The Optimism Foundation will provide engineering support, monitoring, and backup sequencer infrastructure to ensure the stability of GIWA Chain's daily operations, thereby enhancing user experience and increasing network resilience.
- Industry Trend Leadership: The launch of GIWA Chain reflects the demand among major global exchanges for owning self-managed chains, with Upbit's choice indicating a shift in the industry towards infrastructure capable of handling high transaction volumes, and other major exchanges are expected to follow this model.
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Technical Analysis for SIGN
Technical Sentiment Analysis for Sign (SIGN). As of , Sign (SIGN) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 5 technical signals, shows that 2 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for SIGN 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, SIGN 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 $-.
Sign (SIGN) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0141 | 0.0147 | 0.0153 | 0.0158 | 0.0164 | 0.017 | 0.0176 |
| Fibonacci | 0.0147 | 0.0151 | 0.0154 | 0.0158 | 0.0163 | 0.0166 | 0.017 |
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