While the global economy is struggling with the benefits of the recent American attack on Iranian nuclear installations, the world markets are on board.
However, despite the increased economic uncertainty, certain cryptography actions listed in the United States show notable movements and draw the attention of investors.
Coinbase (room)
Coinbase’s Coin is one of the cryptography actions gaining momentum in trading before the market today. This occurs while the action receives attention after the scholarship announced that it has obtained a Mica license in Luxembourg, granting it the legal authority to offer crypto services in the 27 EU member states.
By choosing Luxembourg, Coinbase is positioned in the center of the EU digital asset ecosystem.
This development has strengthened the corner price, up 4% in trading before the market. At the time of writing these lines, his flow of Silver Chaikin (CMF) is 0.17 and in an upward trend, highlighting the demand for parts.
If the purchase of pressure climbing, the action value could increase around $ 316.06 as the day trading increases.
Circle Internet Group (CRCL)
Circle shares increased by 10.16% in pre-commercial exchanges on Monday, after a closing farm last Friday, when the title jumped 20.39%. The Stablecoin transmitter continues to benefit from the growing institutional interest in the stablecoin of the USDC and a renewal of optimism around the recent IPO of the company.
On the daily graphic, the accumulation / distribution line (A / D) of the action is 79 million, climbing more than 220% during the last day.
The A / D measure that money passes in or outside an asset by combining prices and volume data. When the A / D line climbs, this indicates that the purchase of pressure prevails over the sales pressure, suggesting a potential for price increase.
If the demand for stock continues to increase, the CRCL could extend its earnings to a new record of all time.
On the other hand, if the purchase of pressure looks, the value of the action could decrease around $ 205.25.
Ren
IREN is up 6%, continuing its momentum after the successful closure by Iren Limited of an offer of $ 550 million in convertible higher tickets of 3.50% due to 2029. The offer was overwritten and increased from 450 million initial dollars, showing a strong interest and confidence of institutional investors.
To date, the relative force index (RSI) of the action is 65.59 and increasing, indicating the request for Altcoin.
The RSI indicator measures excessive market conditions and occurs as an asset. It varies between 0 and 100. The values greater than 70 suggest that the asset is overflowed and due for a drop in prices, while the values less than 30 indicate that the assets are occurring and can attend a rebound.
Iren’s RSI readings indicate that market participants prefer accumulation in distribution. If this trend continues, the price of the action could reach $ 11.72.
On the other hand, if demand drops, the value of the action could be broken down by $ 10.46 and fall around $ 9.52.
Non-liability clause
In accordance with the Trust project guidelines, this price analysis article is for information purposes only and should not be considered as financial or investment advice. Beincrypto is committed to exact and impartial reports, but market conditions are likely to change without notice. Always carry out your own research and consult a professional before making financial decisions. Please note that our terms and conditions, our privacy policy and our non-responsibility clauses have been updated.
