Amboss Launches RailsX for Stablecoin Trading on Bitcoin Lightning Network
- Self-Custody Trading Platform: Amboss has launched RailsX, enabling users to trade USDT-L and USDC-L on the Bitcoin Lightning Network without relinquishing control of their funds, thereby enhancing transaction security and flexibility.
- Rapid Settlement Mechanism: RailsX facilitates atomic settlement of trades through existing Lightning channels, completing transactions within seconds, which significantly boosts trading efficiency and provides users with a better liquidity experience.
- No Centralized Order Book: The platform operates without a centralized order book, executing trades through routed liquidity paths, ensuring a decentralized trading characteristic that enhances market transparency and fairness.
- Integration with Thunderhub: Amboss confirmed integration plans with Thunderhub, allowing node operators to execute trades directly from their infrastructure, further optimizing the trading process and enhancing user operational convenience.
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Technical Analysis for STABLE
Technical Sentiment Analysis for (STABLE). As of , (STABLE) is exhibiting a Buy technical sentiment. Our proprietary analysis, which aggregates 6 technical signals, shows that 4 indicators are flashing buy, while 2 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for STABLE 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, STABLE 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 $-.
(STABLE) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.00902 | 0.0176 | 0.026 | 0.0345 | 0.0429 | 0.0514 | 0.0598 |
| Fibonacci | 0.0176 | 0.024 | 0.028 | 0.0345 | 0.041 | 0.045 | 0.0514 |
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