Moonbeam Enhances Cross-Chain Wallet Integration
Cross-Chain Wallet Integration: Moonbeam, under Derek Yoo's leadership, is enhancing cross-chain wallet integration by connecting Ethereum wallets with the Substrate framework, aiming to improve developer experience and transaction throughput as part of its 2025 roadmap.
Market Reactions and Future Prospects: The integration has received positive feedback from the market, with expectations of increased efficiency in decentralized finance activities, improved Total Value Locked (TVL), and elevated network activity through advancements in consensus and block time.
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Technical Analysis for GLMR
Technical Sentiment Analysis for Moonbeam (GLMR). As of , Moonbeam (GLMR) 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 GLMR 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, GLMR 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 $-.
Moonbeam (GLMR) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.00847 | 0.0106 | 0.0123 | 0.0144 | 0.0161 | 0.0182 | 0.0199 |
| Fibonacci | 0.0106 | 0.0121 | 0.013 | 0.0144 | 0.0159 | 0.0168 | 0.0182 |
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