Reactive Network backs SmarTrust for bulding an escrow system for Web3 freelancers
SmarTrust's Innovative Escrow System: SmarTrust is developing a multichain escrow layer for Web3 freelancers and clients, utilizing Reactive Smart Contracts to facilitate secure, milestone-based payments without centralized intermediaries.
Growth of the Freelancing Market: The freelancing market is projected to grow significantly, with an expected increase in U.S. freelancers from 90% between 2020 and 2024, reaching over 86 million by 2027, driven by the demand for a flexible workforce.
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Technical Analysis for REACT
Technical Sentiment Analysis for Reactive Network (REACT). As of , Reactive Network (REACT) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 0 technical signals, shows that 0 indicators are flashing buy, while 0 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for REACT 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, REACT 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 $-.
Reactive Network (REACT) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | - | - | - | - | - | - | - |
| Fibonacci | - | - | - | - | - | - | - |
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