Turtle Secures $5.5M More to Enhance Its Liquidity Distribution Network
Funding and Growth: Turtle, an on-chain liquidity distribution protocol, has raised an additional $5.5 million, totaling $11.7 million in funding, and has become Web3's largest liquidity hub with over 358,000 connected wallets and $5.5 billion in liquidity routed to partners.
Innovative Liquidity Solutions: Turtle introduces the first Liquidity Distribution Protocol, which connects capital and protocols through a transparent coordination layer, enhancing market structure and aligning incentives between liquidity providers and protocols.
Product Strategy: Turtle's product vision is based on three pillars: Curated Opportunities for efficient participation, Consolidated Liquidity through Turtle Vaults for passive rewards, and a Distributed Network via the Earn Widget and Liquidity Leaderboard to enhance access and engagement.
Institutional Support: The recent funding round attracted a diverse group of institutional investors and angel backers, with plans to accelerate the development of Turtle's Earn infrastructure and expand its engineering team to deepen integrations across multiple chains.
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Technical Analysis for TURTLE
Technical Sentiment Analysis for Turtle (turtle.xyz) (TURTLE) As of , Turtle (turtle.xyz) (TURTLE) 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 TURTLE 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, TURTLE 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 $-.
Turtle (turtle.xyz) (TURTLE) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0187 | 0.0284 | 0.037 | 0.0467 | 0.0553 | 0.065 | 0.0736 |
| Fibonacci | 0.0284 | 0.0354 | 0.0397 | 0.0467 | 0.0537 | 0.058 | 0.065 |
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