Remittix Set to Launch Simplified Global Money Transfers
- Cost Reduction in Remittances: Traditional banks charge an average of 12% for remittance services, while Remittix plans to enable direct transfers to bank accounts in over 30 countries using cryptocurrency, significantly lowering costs for users and likely increasing platform adoption.
- Enhanced Transaction Speed: The Remittix platform promises to process transactions in a fraction of the time taken by traditional banks, addressing the speed issues faced by users in cross-border payments, thereby improving user experience and strengthening market competitiveness.
- Successful Fundraising: Remittix has raised over $29.7 million in private funding, with 77.98% of tokens sold, leaving 14.4 million RTX available at $0.13 each, indicating strong market demand and investor confidence.
- Security and Compliance Assurance: Remittix has been validated through CertiK KYC and has undergone a full audit of its smart contracts, ensuring project reliability, while securing listings on BitMart and LBank, which enhances its market liquidity.
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Technical Analysis for BANK
Technical Sentiment Analysis for Lorenzo Protocol (BANK). As of , Lorenzo Protocol (BANK) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 6 technical signals, shows that 3 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for BANK 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, BANK 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 $-.
Lorenzo Protocol (BANK) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0262 | 0.0294 | 0.0317 | 0.0349 | 0.0372 | 0.0404 | 0.0427 |
| Fibonacci | 0.0294 | 0.0315 | 0.0328 | 0.0349 | 0.037 | 0.0383 | 0.0404 |
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