Netrunner Tax Tool Shuts Down Amid Crypto Winter
- Shutdown Announcement: Netrunner, a tax tool for Solana, announced on April 20 that it will shut down on April 30 due to its inability to sustain operations in the current market conditions, highlighting the ongoing struggles within the crypto industry.
- User Data Handling: Users are urged to export their data and download tax reports before the shutdown, ensuring they retain access to essential tax information post-closure, which reflects the platform's commitment to user experience.
- Wide Service Coverage: The tool supports crypto tax reporting for multiple countries including the U.S., Canada, and the U.K., covering activities across 46 Solana protocols, indicating its significant role in global crypto tax services.
- Market Environment Impact: The closure of Netrunner serves as another example of the crypto winter, as the industry grapples with increasing challenges from hacks and bankruptcies, potentially leading to further platform exits.
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Technical Analysis for D
Technical Sentiment Analysis for DAR Open Network (D). As of , DAR Open Network (D) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 7 technical signals, shows that 3 indicators are flashing buy, while 4 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for D 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, D 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 $-.
DAR Open Network (D) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.000252 | 0.00249 | 0.00402 | 0.00626 | 0.00779 | 0.01 | 0.0116 |
| Fibonacci | 0.00249 | 0.00393 | 0.00482 | 0.00626 | 0.0077 | 0.00859 | 0.01 |
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