Pro-XRP Lawyer Explains Why the Ripple-Circle Acquisition Deal Was Rejected
Ripple-Circle Acquisition Stalled: Ripple's proposed acquisition of Circle has been halted as Circle rejected Ripple's increased offer of over $5 billion, anticipating a higher valuation after its upcoming IPO.
Circle's IPO Plans: Circle is preparing to go public on the NYSE under the ticker "CRCL," aiming for a valuation between $4 billion and $5 billion, with JPMorgan Chase and Citigroup leading the offering, while also benefiting from a favorable regulatory environment.
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Technical Analysis for RFC
Technical Sentiment Analysis for Retard Finder Coin (RFC) As of , Retard Finder Coin (RFC) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 0 indicators are flashing buy, while 4 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for RFC 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, RFC 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 $-.
Retard Finder Coin (RFC) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | -0.000322 | -0.000061 | 0.000276 | 0.000537 | 0.000874 | 0.00114 | 0.00147 |
| Fibonacci | -0.000061 | 0.000167 | 0.000309 | 0.000537 | 0.000765 | 0.000907 | 0.00114 |
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