Sui's Roadmap for Blockchain Infrastructure Development
- Long-Term Goal: Sui's development team, Mysten Labs, has outlined a ten-year vision to build a fundamental blockchain infrastructure that supports global value flow, aiming for efficient transactions across payments, financial asset transfers, and AI agents.
- Technological Advantages: Utilizing an object-oriented model and horizontally scalable architecture, Sui aims for high transaction throughput, low latency, and strong interoperability, facilitating the introduction of stablecoins, real-world assets, and enterprise-level financial products.
- Cost Reduction for Users: The Sui ecosystem plans to enhance financial accessibility and reduce user costs through features like privacy-focused transactions, gas fee-free transfers, and return-generating asset mechanisms, thereby attracting a broader user base.
- Digitalization of Finance: Mysten Labs argues that the financial system will increasingly transition towards open blockchain infrastructures, encompassing personal payments, institutional capital markets, and AI-driven automated trading scenarios, driving a comprehensive digitalization process.
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Technical Analysis for MAJOR
Technical Sentiment Analysis for Major (MAJOR). As of , Major (MAJOR) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 1 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for MAJOR 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, MAJOR 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 $-.
Major (MAJOR) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0126 | 0.0213 | 0.0292 | 0.0379 | 0.0458 | 0.0544 | 0.0623 |
| Fibonacci | 0.0213 | 0.0277 | 0.0316 | 0.0379 | 0.0442 | 0.0481 | 0.0544 |
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