Coinbase Launches Stock Perpetual Futures for Global Traders
- Product Innovation: Coinbase has launched stock perpetual futures, allowing users to trade 24/7 on a regulated centralized platform, addressing the rising demand for around-the-clock equity trading and enhancing its vision of an 'Everything Exchange' to improve user experience.
- Leverage Trading Advantage: The new product offers up to 10x leverage on single stocks and 20x on ETFs, enabling retail and institutional users to trade through Coinbase Advanced and APIs, thereby enhancing trading flexibility and increasing market competitiveness.
- Market Expansion Strategy: Coinbase plans to gradually expand its perpetual futures product line to include more sectors and assets, aiming to attract a larger user base and increase market share, further solidifying its position in the multi-asset trading platform space.
- Enhanced Risk Management: By centralizing trading activities, Coinbase provides institutional-grade risk controls for users, helping retail and institutional traders manage capital more effectively, adapt to market volatility, and improve trading efficiency.
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Technical Analysis for MAJOR
Technical Sentiment Analysis for Major (MAJOR). As of , Major (MAJOR) 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 MAJOR 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, MAJOR 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 $-.
Major (MAJOR) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0566 | 0.0584 | 0.0603 | 0.062 | 0.0639 | 0.0657 | 0.0675 |
| Fibonacci | 0.0584 | 0.0598 | 0.0607 | 0.062 | 0.0634 | 0.0643 | 0.0657 |
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