WSPN Partners with Fractal to Expand Stablecoin Access on Bitcoin
Partnership Announcement: WSPN has partnered with Fractal to integrate its stablecoin, WUSD, into Fractal's Bitcoin ecosystem, enhancing the utility and transaction capabilities of WUSD while maintaining compliance and transparency.
Market Demand and Future Integration: The collaboration aims to meet the growing demand for regulated stablecoins in the Bitcoin space, enabling new use cases such as decentralized trading and lending, with the integration expected to be completed in the coming months.
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Technical Analysis for BTC
Technical Sentiment Analysis for Bitcoin (BTC). As of , Bitcoin (BTC) 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 BTC 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, BTC 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 $-.
Bitcoin (BTC) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 43202.993 | 51601.496 | 60174.513 | 68573.016 | 77146.033 | 85544.536 | 94117.553 |
| Fibonacci | 51601.496 | 58084.617 | 62089.896 | 68573.016 | 75056.137 | 79061.416 | 85544.536 |
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