Plume Obtains ADGM Commercial License, Aims for RWA Growth in the Middle East
Plume Network Expansion: Plume Network has secured a commercial license from the Abu Dhabi Global Market, enabling its expansion into the Middle East and allowing for the scaling of real-world asset origination and distribution across the region.
Strategic Office Establishment: The company plans to establish a permanent office in Abu Dhabi by the end of the year, with commercial announcements anticipated in early 2026, aiming to strengthen ties with local banks and fintechs.
Regional Significance: The UAE is becoming a global leader in the tokenization of real-world assets, supported by progressive regulatory frameworks and institutional openness to digital finance, making it an ideal environment for innovation.
Broader Market Focus: Plume's geographic strategy includes the U.S., Asia, and the Middle East, leveraging favorable regulatory conditions in UAE's free zones while exploring partnerships for tokenization services.
Get Real-Time Alerts for Any Crypto Movement
Technical Analysis for PLUME
Technical Sentiment Analysis for Plume (PLUME). As of , Plume (PLUME) 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 PLUME 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, PLUME 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 $-.
Plume (PLUME) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.00771 | 0.00877 | 0.00983 | 0.0109 | 0.012 | 0.013 | 0.0141 |
| Fibonacci | 0.00877 | 0.00958 | 0.0101 | 0.0109 | 0.0117 | 0.0122 | 0.013 |
About PLUME
About the author
