Which RWA Altcoins Are Attracting a Lot of Interest from Cryptocurrency Developers? Here is the List
Developer Focus on RWA Altcoins: Recent data from Santiment shows that Chainlink (LINK) has been the most focused RWA altcoin by developers, with a score of 501, followed by Synthetix (SNX) at 233.
List of Other RWA Altcoins: The article lists additional RWA altcoins and their developer scores, including CFG (96), ORAI (84), DUSK (44), and others, highlighting the growing interest in real world assets within the cryptocurrency market.
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Technical Analysis for SNX
Technical Sentiment Analysis for Synthetix (SNX) As of , Synthetix (SNX) 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 SNX 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 stock.
Support, Resistance & Moving Averages From a structural perspective, SNX 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 $-.
Synthetix (SNX) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0838 | 0.165 | 0.241 | 0.322 | 0.398 | 0.479 | 0.555 |
| Fibonacci | 0.165 | 0.225 | 0.262 | 0.322 | 0.382 | 0.419 | 0.479 |
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