W3i Software Launches Privacy-Focused USD Stablecoin ShieldUSD on Midnight Network
- Privacy-Focused Stablecoin: W3i Software plans to launch ShieldUSD, a USD-backed stablecoin designed for compliant on-chain payments on the Midnight Network, addressing institutional needs for both privacy and regulatory compliance.
- Market Demand Response: The stablecoin will facilitate payroll, B2B settlements, and regulated decentralized finance, filling a growing gap in the market for privacy-preserving stablecoins, which is expected to attract more institutional users.
- Innovative Co-Issuance Model: ShieldUSD will be co-issued by Moneta Digital LLC and Norwegian Block Exchange, employing a co-issuance structure that supports cross-jurisdictional compliance, thereby enhancing market trust.
- Technological Architecture Advantage: The project leverages Midnight's
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Technical Analysis for STABLE
Technical Sentiment Analysis for (STABLE). As of , (STABLE) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 5 technical signals, shows that 3 indicators are flashing buy, while 2 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for STABLE 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, STABLE 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 $-.
(STABLE) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0052 | 0.0124 | 0.0194 | 0.0266 | 0.0335 | 0.0407 | 0.0477 |
| Fibonacci | 0.0124 | 0.0178 | 0.0212 | 0.0266 | 0.032 | 0.0353 | 0.0407 |
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