Re7 Labs Reduces Risks in Stablecoin Markets
Re7 Labs Policy Changes: Re7 Labs has implemented significant policy changes to mitigate risks in stablecoin markets, including withdrawing funds and halting deposits in response to vulnerabilities in xUSD, deUSD, sdeUSD, sUSDX, and USDX.
Impact of Lista DAO: The intervention by Lista DAO, through liquidation measures, successfully prevented approximately $4 million in bad debts, highlighting the importance of governance and accountability in decentralized finance.
Market Reactions and Governance Support: There has been strong support for protective measures from governance bodies like Lista DAO and PancakeSwap, urging transparency and user protection in light of recent market challenges.
Regulatory Scrutiny on DeFi: Insights suggest a potential increase in regulatory scrutiny over decentralized finance, particularly regarding emergency measures and liquidation protocols, to enhance transparency and investor protection.
Get Real-Time Alerts for Any Crypto Movement
Technical Analysis for XUSD
Technical Sentiment Analysis for StraitsX USD (XUSD) As of , StraitsX USD (XUSD) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 7 technical signals, shows that 6 indicators are flashing buy, while 1 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for XUSD 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, XUSD 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 $-.
StraitsX USD (XUSD) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.735 | 0.867 | 0.934 | 1.067 | 1.134 | 1.267 | 1.333 |
| Fibonacci | 0.867 | 0.944 | 0.991 | 1.067 | 1.143 | 1.19 | 1.267 |
About XUSD
About the author








