KuCoin Partners with Mastercard for Direct Crypto Payments
- Payment Innovation: KuCoin's partnership with Immersve allows eligible Australian users to make everyday crypto purchases via Mastercard's network, supporting 37 USDC pairs, thereby enhancing the practical utility of digital assets and driving user acceptance of cryptocurrencies.
- User Protection: KuCoin CEO BC Wong emphasizes that this initiative not only ensures user safety and compliance but also reinforces confidence in the digital asset ecosystem by providing clear compliance standards, facilitating the everyday use of crypto in global finance.
- Market Competition: The new product rollout in Australia allows users to earn up to 2% cashback based on their VIP tier and trading volume, and although currently virtual-only, this move significantly enhances KuCoin's competitiveness in the local payment services market, directly challenging competitors like CoinJar.
- Compliance and Transparency: The collaboration between Immersve and KuCoin aims to ensure adherence to local anti-money laundering and counter-terrorism financing standards, enhancing user trust in financial services while reflecting KuCoin's commitment to responsible innovation and promoting mainstream adoption of digital assets.
Get Real-Time Alerts for Any Crypto Movement
Technical Analysis for
Technical Sentiment Analysis for (). As of , () is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 0 technical signals, shows that 0 indicators are flashing buy, while 0 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for 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, 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 $-.
() Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | - | - | - | - | - | - | - |
| Fibonacci | - | - | - | - | - | - | - |
About the author
