Looking Past the Hype: The Real Solutions Blockchain Offers for Carbon Markets, Music Rights, and Sustainability
Blockchain's Practical Applications: Beyond speculation, blockchain technology is being utilized to address real-world issues such as carbon credit transparency, creator compensation, luxury authentication, and marine conservation, demonstrating its value in various industries.
KlimaDAO and Carbon Markets: KlimaDAO aggregates tokenized carbon credits into a digital marketplace, enhancing transparency and liquidity in the voluntary carbon market by partnering with carbon bridges to bring verified credits onto the blockchain.
Electroneum's Energy Efficiency: Electroneum's low-energy blockchain supports marine conservation efforts through a partnership with One Ocean Foundation, enabling verifiable donations and tracking of sustainable practices.
BeatSwap and Luxury Authentication: BeatSwap offers a solution for transparent royalty management in the creative industry, while the Aura Blockchain Consortium, involving luxury brands like LVMH and Prada, uses blockchain to authenticate products and combat counterfeiting.
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Technical Analysis for ETN
Technical Sentiment Analysis for Electroneum (ETN). As of , Electroneum (ETN) 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 ETN 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, ETN 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 $-.
Electroneum (ETN) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.000812 | 0.000916 | 0.00101 | 0.00111 | 0.0012 | 0.00131 | 0.0014 |
| Fibonacci | 0.000916 | 0.000991 | 0.00104 | 0.00111 | 0.00119 | 0.00123 | 0.00131 |
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