$ETH “We really truly believe that your access to finance and financial stability shouldn’t depend on your current location, origin, religion, or race.”
Vitalik Buterin, Founder of Ethereum #ETH🔥🔥🔥🔥 price discovery should kick start soon…
$USUAL is a decentralized platform that creates stablecoins backed by real money. It uses a new system where its $USUAL token gives users a say in how the platform is run and shares the profits with them. 🗳️
This way, Usual lets users benefit from its success 🚀while fixing common problems in regular stablecoins and DeFi systems (which is bullish in the super cycle!)
1) Industry giants like $USDT and Circle generated over $10 billion in revenue in 2023, with valuations exceeding $200 billion, yet none of this wealth was redistributed to users who contribute to these platforms’ success.
2) Despite the rise of on-chain US Treasury Bills, integration of RWAs into DeFi remains limited, with fewer than 5,000 mainnet RWA holders.
3) DeFi users supporting projects early and taking on greater risks lack sufficient rewards, creating a misalignment between growth and user incentives.
✅ Why Consider USUAL?
🏁 Usual isn't just another stablecoin issuer. It’s creating a shift toward fairness and transparency in DeFi. Empowers users to benefit from the ecosystem’s growth, ensuring shared success across all stakeholders.
🏦 Governance tokens backed by real cash flows further solidify the system’s decentralization, as decision-making and rewards are tied to tangible assets and revenues.
💎 It eliminates the concentration of wealth and power in centralized entities ($USDT, $USDC) #MajorUnlocks
$BTC TA based on technical indicators on 1 hr time frame!
Bollinger Bands (BOLL): The price is trading above the middle band and within the upper Bollinger Band, suggesting potential overbought conditions and a possibility for a short-term pullback.
Moving Averages (MA): The price is above the 7, 25, and 99-period moving averages, indicating a strong uptrend. However, the shorter-term MAs are starting to flatten, which could signal a potential slowdown in momentum.
Relative Strength Index (RSI): The RSI is around 80, suggesting overbought conditions and a possible upcoming correction.
Stochastic RSI (StochRSI): The StochRSI is also in overbought territory, supporting the potential for a short-term reversal.
Moving Average Convergence Divergence (MACD): The MACD histogram is positive but decreasing, indicating that bullish momentum might be weakening.
Overall, the technical analysis suggests that while Bitcoin has been in a strong uptrend, there are signs of a potential short-term pullback or consolidation.
The overbought conditions indicated by the RSI, StochRSI, and Bollinger Bands, along with the flattening moving averages and decreasing MACD histogram, suggest that the bullish momentum may be slowing down.