Deel Partners with Morpho to Enhance DeFi Access
- Strategic Partnership: Deel has partnered with decentralized lending protocol Morpho to integrate its lending infrastructure, enabling users to access various DeFi lending products through its stablecoin wallet, thereby enhancing liquidity and earning potential.
- Wallet Functionality Expansion: This collaboration allows Deel's stablecoin wallet users to borrow and earn interest on their stablecoin holdings without traditional credit checks, significantly lowering the barrier for user participation in DeFi.
- Global Market Expansion: The new feature has been launched in Latin America, allowing users to hold earnings in DLUSD and earn rewards, with plans to expand to Asia, the Middle East, and Africa, further strengthening its global business footprint.
- Innovative DeFi Applications: Through its partnership with Morpho, Deel demonstrates its commitment to providing innovative DeFi offerings for stablecoin users, aiming to make high-yield decentralized financial services more accessible to users worldwide.
Get Real-Time Alerts for Any Crypto Movement
Technical Analysis for STABLE
Technical Sentiment Analysis for (STABLE). As of , (STABLE) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 5 technical signals, shows that 2 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for STABLE 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, STABLE 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 $-.
(STABLE) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.021 | 0.0258 | 0.031 | 0.0359 | 0.0411 | 0.0459 | 0.0511 |
| Fibonacci | 0.0258 | 0.0297 | 0.032 | 0.0359 | 0.0397 | 0.0421 | 0.0459 |
About the author
