Central Bank of Russia Updates Digital Asset Investment Rules, 600,000 Ruble Cap by 2026
- Regulation Implementation: The Central Bank of Russia has introduced new rules allowing both qualified and non-qualified investors to purchase digital financial assets (DFAs) in the domestic market, including tokenized securities and digital rights, aimed at broadening investor participation.
- Investment Limits: Non-qualified investors will have an annual cap of 600,000 rubles (approximately $7,700) for DFA purchases, with the ability to reinvest proceeds from redeemed or sold assets, thereby enhancing market liquidity.
- Risk Management: All DFAs must possess high credit ratings, with some assets required to offer capital protection, ensuring a return of the initial investment for investors, which will bolster market confidence.
- Market Outlook: The Russian market for crypto investment products is projected to exceed 2 trillion rubles (around $25 billion) next year, reflecting strong demand and potential growth in digital assets.
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Technical Analysis for BANK
Technical Sentiment Analysis for Lorenzo Protocol (BANK) As of , Lorenzo Protocol (BANK) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 11 technical signals, shows that 5 indicators are flashing buy, while 6 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for BANK 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, BANK 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 $-.
Lorenzo Protocol (BANK) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.00253 | 0.0161 | 0.0263 | 0.0399 | 0.0501 | 0.0637 | 0.0739 |
| Fibonacci | 0.0161 | 0.0252 | 0.0308 | 0.0399 | 0.049 | 0.0546 | 0.0637 |
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