UK Merchants Rank Cryptocurrency Payments Among Emerging Customer Demands
- Growing Crypto Demand: A DECTA survey reveals that 11.8% of UK merchants believe customers want cryptocurrency payment options, with this figure rising to 20.7% among SMEs with annual revenues between £50 million and £99.99 million, indicating a stronger interest in crypto among high-turnover businesses.
- Security Takes Priority: Despite the rising interest in cryptocurrency payments, security remains the top priority for merchants, with 48.6% ranking it first, underscoring the critical importance of safety in payment method selection.
- Impact on International Trade: The survey shows that 53.8% of UK SMEs are already selling products globally, and as international trade expands, the demand for cross-border payment capabilities is increasing, with 20.2% of merchants reporting a deterioration in their international payment experiences, highlighting the urgent need for improved payment solutions.
- Evolving Regulatory Landscape: Amid increasing scrutiny from UK regulators on the crypto sector, DECTA's findings suggest that a segment of merchants still views cryptocurrency payments as a relevant customer option, particularly among those engaged in international operations, despite the regulatory pressures.
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Technical Analysis for HTX
Technical Sentiment Analysis for HTX (HTX). As of , HTX (HTX) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 6 technical signals, shows that 2 indicators are flashing buy, while 4 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for HTX 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, HTX 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 $-.
HTX (HTX) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.00000155 | 0.0000016 | 0.00000165 | 0.0000017 | 0.00000175 | 0.0000018 | 0.00000185 |
| Fibonacci | 0.0000016 | 0.00000164 | 0.00000166 | 0.0000017 | 0.00000174 | 0.00000176 | 0.0000018 |
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