TOKEN2049 In Dubai: Credefi’s DeFi Is Booming And It’s Just The Beginning
Credefi's Mission and Model: Credefi aims to bridge traditional finance (TradFi) and decentralized finance (DeFi) by providing SMEs access to credit through secured loans, ensuring both yield and security for lenders, while being regulated in Europe.
Expansion Plans and Visibility: After gaining significant visibility at TOKEN2049 in Dubai, Credefi plans to expand into the United States in June with a strategic approach to build partnerships and enhance its governance in the real-world asset (RWA) space.
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Technical Analysis for FORM
Technical Sentiment Analysis for Formation Fi (FORM) As of , Formation Fi (FORM) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 7 technical signals, shows that 4 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for FORM 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, FORM 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 $-.
Formation Fi (FORM) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0773 | 0.136 | 0.185 | 0.244 | 0.293 | 0.351 | 0.401 |
| Fibonacci | 0.136 | 0.177 | 0.202 | 0.244 | 0.285 | 0.31 | 0.351 |
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