NEAR Reports Nearly Half of Swap Volume is Confidential
- Surge in Confidential Swaps: Since the launch of Confidential Swaps on March 31, nearly half of all swap volume has utilized NEAR's confidential infrastructure, indicating a strong user demand for privacy in trading and enhancing NEAR's competitive edge in the DeFi space.
- Enhanced User Experience: Users can access confidential swaps on near.com without additional steps, which not only improves user experience but also reduces privacy risks during transactions, thereby increasing user trust in the platform.
- Privacy Protection in Cross-Chain Execution: NEAR's Confidential Intents system allows users to execute cross-chain transactions in a restricted visibility environment, significantly lowering risks associated with public DeFi by safeguarding users' trading intentions and asset paths, further solidifying NEAR's market position in privacy protection.
- Leading Industry Trends: With other networks like Sui also advancing privacy transactions, NEAR's successful implementation demonstrates that the integration of privacy features is not only a reflection of market demand but also a crucial direction for the future of DeFi, potentially attracting more users to participate.
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Technical Analysis for X
Technical Sentiment Analysis for X Empire (X). As of , X Empire (X) 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 X 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, X 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 $-.
X Empire (X) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.00000841 | 0.00000979 | 0.0000114 | 0.0000127 | 0.0000143 | 0.0000157 | 0.0000173 |
| Fibonacci | 0.00000979 | 0.0000109 | 0.0000116 | 0.0000127 | 0.0000139 | 0.0000146 | 0.0000157 |
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