Credefi: What is it and how does it work?
What is Credefi?:
- A financial platform connecting SMEs with lenders using blockchain technology.
- Founded in 2021 by Ivo Grigorov and Valentin Dimitrov.
- Bridges traditional finance with decentralized finance for secure lending.
How Does Credefi Work?:
- Connects lenders with SMEs needing loans.
- Lenders undergo KYC process and choose lending options based on risk.
- Offers detailed risk assessments and credit scores for informed decisions.
Credefi Use Cases:
- Provides SME financing with real-world assets as collateral.
- Allows crypto investors to diversify portfolios through stable returns.
- Offers institutional lending solutions through corporate bonds backed by credit portfolios.
Credefi Main Features:
- Non-custodial wallets for user control over digital assets.
- On/Off Ramp functionality for easy conversion of funds.
- Advanced credit risk assessment and real-world asset collateral management.
Conclusion:
- Secure platform for SME lending and borrowing.
- Bridges traditional and decentralized finance.
- Ensures security, seamless currency conversion, and rigorous credit assessments.
Get Real-Time Alerts for Any Crypto Movement
Technical Analysis for CREDI
Technical Sentiment Analysis for Credefi (CREDI) As of , Credefi (CREDI) 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 CREDI 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, CREDI 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 $-.
Credefi (CREDI) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.000497 | 0.000754 | 0.000993 | 0.00125 | 0.00149 | 0.00175 | 0.00199 |
| Fibonacci | 0.000754 | 0.000943 | 0.00106 | 0.00125 | 0.00144 | 0.00156 | 0.00175 |
About CREDI
About the author
