Zephyrnet Logo

Tag: amp

MANA Technical Analysis: Price at 200-Day EMA Aims to Touch $3

MANA Technical Analysis

The MANA coin price aims to overcome sellers at $2.5 to regain bullish momentum and bring a bullish breakout of a long-coming resistance trendline. Decentraland is designed to serve business owners, content creators, and people searching for a fresh artistic medium or business opportunities. It is also among the increasing number of initiatives that employ a DAO structure to govern decision-making. Therefore, MANA token holders are in charge of how the Decentraland world operates. By making and voting on updates to the policy and the particulars of the forthcoming LAND auctions and the content allowed by the metaverse. Let us move ahead to read about Decentraland technical analysis. Past Performance of MANA The MANA coin price action finally gains some bullish momentum to rise after a streak of lower price rejection candles near $2. However, the price struggles to sustain above the 200-day EMA and the sellers at $2.5 keep the bullish growth in check. Therefore, the token price must surpass the $2.5 mark to continue the uptrend. MANA/USD Daily Chart MANA Technical Analysis The MANA coin price will have sellers at the long-coming resistance trendline after it surpasses the $2.5 mark. However, increased trend momentum might result in a bullish breakout. The crucial Exponential Moving Averages struggle to sustain the uptrend as the falling 50 and 100-day EMA might soon give a bearish crossover. Moreover, the price struggles near the 200-day EMA. The Momentum Indicator shows a slope below the zero line indicating a downtrend in action. However, the slope dictates a bullish divergence as the slope rises higher to escape the negative territory. The Commodity Channel Indicator shows a bullish reversal as the slope exits the oversold zone to rise closer to the neutral territory. However, the slope remains below the zero line reflecting a significant underlying bearishness. Therefore, the technical indicators reflect a rising buying pressure in MANA, threatening to overturn the sellers-driven market. Upcoming Trend The MANA coin price continues to resonate within the falling wedge pattern as it finds support near the $2 mark. The token price must overcome the $2.5 level to reach the resistance trendline.  The released trend momentum might soon break $2.5, hence, buyers at current prices can target $2.5 and $2.85. On the opposite end, a reversal from $2.5 will result in a free fall to the $2 mark. In a shorter timeframe, at press time, TradingView gives a “BUY” signal for the MANA token. Technical Analysis for MANAUSD

The post MANA Technical Analysis: Price at 200-Day EMA Aims to Touch $3 appeared first on Cryptoknowmics-Crypto News and Media Platform.

ENJ Technical Analysis: Reversal Within Wedge Brings Buyers Back

ENJ Technical Analysis

The ENJ coin price shows a bullish reversal within a long-coming falling wedge pattern as Metaverse coins gain bullish attention. Enjin Coin is a subsidiary of Enjin, which offers an interconnected ecosystem of games that are based on blockchain technology. The flagship product of Enjin is the Enjin Network, a social gaming platform where players can create clans and websites. Enjin lets game developers tokenize game items using their Ethereum blockchain. It utilizes Enjin Coin, an ERC-20 token, to secure the digital assets created by its platform. This means that products can be purchased, sold, or traded using real-world value. Let us move ahead to read about Enjin technical analysis. Past Performance of ENJ The ENJ coin price action forms a long-coming support trendline in the daily chart. Currently, the price bounces from the trendline and the $1.5 horizontal level to rise more than 10% in the past 24 hours. Therefore, a price jump to the next level at $2.15 is possible. ENJ/USD Daily Chart ENJ Technical Analysis The ENJ coin price action creates a huge falling wedge pattern in the 24-hour chart, with a price jump from the support trendline. Hence, a further bullish continuation within the pattern to the resistance trendline is possible. The crucial Exponential Moving Averages struggle to maintain a bullish alignment in the daily chart after the bearish crossover of the 50 and 100-day EMA. The price breaks below the 200-day EMA, however, the recent jump hints at a possible fallout retest. The DMI Indicator shows the ADX above 30%, reflecting a solid trend momentum in play. But the -DI remains higher than the +DI line despite a recent reversal in the lines supporting a bullish comeback. The MACD Indicator shows a parabolic reversal in the fast line as it approaches to cut higher above the signal line. Therefore, a bullish crossover indicating a bullish takeover is possible shortly. Therefore, the technical indicators reflect a possible bullish reversal in the ENJ coin price. Upcoming Trend The ENJ coin price takes support in the long-coming falling wedge pattern reflecting the possibility of a bullish reversal to touch the resistance trendline. Therefore, bullish traders can find entry spots at current prices.  Buyers can target the $2 and $2.15, coinciding with the 200-day EMA as upcoming targets. However, a sudden jump in selling pressure will drive the price lower to the $1.15 mark. At the time of writing, TradingView analyzes the 4-hour chart of ENJ and gives a “NEUTRAL” signal. Technical Analysis for ENJUSD

The post ENJ Technical Analysis: Reversal Within Wedge Brings Buyers Back appeared first on Cryptoknowmics-Crypto News and Media Platform.

An At-Home, 2.4 PH Bitcoin Miner On Immersion Cooling And Getting Paid For Heat

Coin Heated, a bitcoin miner who runs an immersion-cooled, 2.4 petahash operation at home, discusses his set up and future of the industry.

EcoFlow Delta Mini Portable Power Station review: What can’t it do?

Analog chips – poised to become the next big threat to automakers?

The capacity for analog chips is expected to grow, but it is unlikely to be sufficient to meet the increased demand for chips in cars; therefore, the supply may tighten again around the end of 2023.

The automotive semiconductor supply tightness will likely ease in 2022 and in the first half of 2023. However, there is a risk of pressure points building up again at the end of 2023 or early 2024. According to IHS Markit's analysis, new concerns are emerging over the supply of analog chips. After microcontrollers (MCU) in 2021, analog chips are likely to become the main constraint for vehicle production for the next three years.

The two major chip categories that have been most affected by shortages are MCUs and analog chips. Earlier in 2021, MCUs received all the attention. The proprietary nature of MCUs made it virtually impossible to have dual sources of MCUs for an electronic control unit (ECU) because of software and pinout differences at a minimum. MCUs are manufactured on process nodes typically above 40 nanometers (nm), with some of them now starting to be processed at 28 nm. As memory and system-on-chips (SoCs) have captured more of the semiconductor market share, investment has been concentrated more on the advanced nodes to support growth in those areas and less has been focused on mature process nodes.

There is an ongoing trend toward centralization of the electrical/electronic (E/E) architecture, and it would result in a smaller number of MCUs per vehicle. However, migrating to new architectures and smaller process nodes is not beneficial for all types of chips. For example, demand for analog chips will continue to increase independently of new E/E architectures since they are an essential part of many vehicle systems. Hundreds of analog chips are required per car. All the following require analog chips: power management of every ECU and SoC, signal conditioning for sensors, bus transceivers for every ECU, drivers for each electric motor (up to 100 in luxury cars), LED lamps, displays, radar transceivers, high-end audio systems, and radio frequency (RF) front ends.

Now that the supply of MCUs is in a better shape, analog chip supply is emerging as an issue. Analog chips typically use mature chip processes, e.g., 90 nm to 300 nm. There are technical and commercial reasons why these will continue to be produced at mature progress nodes and not at leading-edge process nodes. Unfortunately, the demand for analog chips is also increasing for mobile phones—for the RF front-end, the sensor processing, the high-end audio, and the contactless payment, to name a few. Considering the growth in vehicle segments and propulsion mix, the average number of analog chips per car is expected to increase by 26% in 2023 compared with 2021. This growth can be mainly attributed to the ongoing electrification trend.

There is a front-end capacity deficit for mature process nodes as most of the investment goes toward more advanced nodes. According to our analysis, out of the total capital expenditure announced in 2021 and 2022, 86% is directed at advanced technologies requiring just a few chips in the car, while only 12% is for the mature process, which is used to produce more than 90% of the chips in the car. With the increase in demand for analog chips, irrespective of the change in E/E architectures, this imbalance in announced capital expenditure could cause future bottlenecks for analog chips and other legacy nodes.

Short-term outlook for light vehicle production

The expected shortage in analog chip supply will have a negative impact on light vehicle production. However, in an optimistic scenario, a decline in demand for analog chips by other industries could result in an improved foundry capacity allocation for the automotive industry. Under this scenario, it is also assumed that the output of analog fabs will continue to increase at a similar pace in the first quarter of 2022 through the third quarter of 2022 before slowing down. In such a scenario, analog chip production capacity added per quarter will peak by the fourth quarter of 2023.

Steady demand for analog chips from other industries could stabilize the capacity allocation for the automotive industry. This is considered a conservative scenario. This scenario also anticipates the output of analog fabs to increase at a normal pace from early 2022. The amount of analog production capacity added per quarter will flatten by second-quarter 2023. In the median scenario, the estimated year-on-year increase in analog chip production will be 18% in 2022 and 13% in 2023.

To analyze the impact on car production, this capacity is converted into the maximum number of cars that could be built in 2022 and 2023. This shows a potential ceiling for car production of around 24 million units per quarter from the third quarter of 2022 onward and a decline in car production from the end of 2023 to early 2024. Predominantly, this can be attributed to the expected growth in the number of chips per vehicle in the next few years. In comparison with 2021, the average number of analog chips per car is going to be much higher in 2023. The available extra capacity is insufficient to meet the fast increase of analog chips in cars, driven by ongoing trends such as electrification and a higher number of infotainment and advanced driver-assistance systems (ADAS) features.

The semiconductor chip capacity will grow, but hardly fast enough to meet the increased demand for analog chips in cars. After MCUs in 2021, analog chips are likely to become the main constraint for vehicle production in the next three years. The number of analog chips per car increases faster than MCUs irrespective of propulsion type, sales segment, and E/E architecture. These analog chips are also in high demand in many other industries such as the smartphone and consumer electronics industries.

Current capital expenditure and capacity trajectory show that situations might improve for the automotive industry in 2022 and early 2023. A supply tightness may be formed toward the end of 2023 or early 2024. This is dependent upon several parameters, such as capacity growth for mature nodes, the analog fab capacity allocation for the automotive industry, and demand for analog chips by other industries. In the coming years, considering the efforts by various players in the automotive ecosystem, there could be more investments for the expansion of analog capacity to lift the potential ceiling for car production. Automakers are working on establishing better visibility to the semiconductor supply chain by forming more direct relationships with foundries. This could result in improved capacity allocation for the automotive industry and improved vehicle production capacity in 2023 and beyond.

Authors:
Jeremie Bouchaud - Director, Autonomy, E/E & Semiconductor, IHS Markit
Hrishikesh S - Research Analyst, Automotive, IHS Markit

Read more articles like this one. Subscribe to AutoTechInsight.
AutoTechInsight provides a wealth of original thought leadership, data, and analysis on a broad spectrum of automotive industry topics and sectors. Visit AutoTechInsight to view all our offerings.

Intel sees chip shortages lasting into 2023

Microsoft to publicly preview upcoming Windows 11 features next month

‘The Fed got the memo.’ Here’s what you can do to prepare for the coming rate hike

The Fed will raise interest rates this year. Here's what that means for you.

Intel 12th-gen laptops are here: 5 things you need to know

Microsoft ‘delighted’ by Windows 11 usage, but what is it?

Latest Intelligence

spot_img
spot_img