Bitwise Launches Non-Custodial Vault Strategies on Morpho Protocol
- Non-Custodial Vault Strategies: Bitwise has launched new non-custodial vault strategies on the Morpho protocol, targeting a 6% annual percentage yield (APY) to provide low-risk yield opportunities for crypto users.
- Overcollateralized Lending: These vaults operate through overcollateralized lending pools, ensuring users can earn passive income while maintaining control over their assets through protocol-driven strategies.
- Peer-to-Peer Lending Model: The Bitwise vaults leverage Morpho’s peer-to-peer lending model, directly matching deposits with borrowers to maximize capital efficiency and minimize idle funds.
- Sign of Institutional DeFi Adoption: This launch signifies Bitwise's ambition to bridge institutional finance and DeFi, as such vault strategies are likely to become cornerstones of yield-generation products in crypto portfolios as traditional firms explore DeFi.
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Technical Analysis for ZKP
Technical Sentiment Analysis for (ZKP) As of , (ZKP) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 6 technical signals, shows that 3 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for ZKP 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, ZKP 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 $-.
(ZKP) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | -0.0542 | 0.00867 | 0.0459 | 0.109 | 0.146 | 0.209 | 0.246 |
| Fibonacci | 0.00867 | 0.0469 | 0.0705 | 0.109 | 0.147 | 0.171 | 0.209 |
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