Trump Family's DeFi Project WLFI Nears US Bank License Approval
- Bank License Progress: World Liberty Financial (WLFI) is on the verge of receiving approval to operate as a national trust bank in the U.S., with the OCC expected to announce its final decision soon, which would provide WLFI a significant advantage in directly issuing its stablecoin, USD1.
- Potential Business Expansion: If approved, WLFI will be able to issue and repurchase bonds worth $1 billion under a single federal regulatory framework, while also offering cryptocurrency custody and payment clearing services, thereby enhancing its market competitiveness.
- Political Backlash Intensifies: Although approval is considered almost certain, WLFI's application has faced objections from senators and banking groups, with Democratic Senator Elizabeth Warren requesting the OCC to delay its review, potentially escalating political backlash against President Trump.
- Industry Context: WLFI's application follows the OCC's conditional approvals for several crypto companies, including Circle, Ripple, and BitGo, indicating a gradual integration of the crypto industry into the traditional financial system.
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Technical Analysis for TRUMP
Technical Sentiment Analysis for OFFICIAL TRUMP (TRUMP). As of , OFFICIAL TRUMP (TRUMP) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 5 technical signals, shows that 1 indicators are flashing buy, while 4 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for TRUMP 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, TRUMP 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 $-.
OFFICIAL TRUMP (TRUMP) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.782 | 1.194 | 1.564 | 1.976 | 2.346 | 2.758 | 3.128 |
| Fibonacci | 1.194 | 1.493 | 1.677 | 1.976 | 2.275 | 2.459 | 2.758 |
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