Astar Network Developer Launches New Stablecoin Pegged to USD
Launch of Startale USD: Startale Labs has introduced a new dollar-pegged stablecoin, Startale USD (USDSC), backed by short-term U.S. Treasury Bills, aiming to provide transparency and price stability within the Astar Network ecosystem.
Gamified Rewards Program: The new ecosystem features a rewards system called Star Points, where users earn points for holding assets, incentivizing long-term investment and engagement with the platform.
High-Yield Savings Feature: Startale is offering a savings product linked to USDSC holdings with returns of up to 14% APY, although analysts caution about the sustainability of such high yields in the market.
Strategic Positioning in the Market: The launch of USDSC aligns with the growing demand for compliant and transparent stablecoin alternatives, positioning Startale to compete effectively in a rapidly evolving global stablecoin market.
Get Real-Time Alerts for Any Crypto Movement
Technical Analysis for SATS
Technical Sentiment Analysis for SATS (Ordinals) (SATS) As of , SATS (Ordinals) (SATS) 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 SATS 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, SATS 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 $-.
SATS (Ordinals) (SATS) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.00000000125 | 0.00000000462 | 0.00000000846 | 0.0000000118 | 0.0000000157 | 0.000000019 | 0.0000000229 |
| Fibonacci | 0.00000000462 | 0.00000000737 | 0.00000000907 | 0.0000000118 | 0.0000000146 | 0.0000000163 | 0.000000019 |
About SATS
About the author








