🔥 Wall Street goes to 24/7: NYSE and Blockchain.com combine TradFi and crypt
The New York Stock Exchange (NYSE Group) and Blockchain.com signed a memorandum of understanding. The main goal of the partnership is to launch tokenised American stocks and ETFs through the NYSE's own digital trading system.
What does this mean for the market?
Traditional finance adapts to the crypto industry. It will be possible to trade classic assets of the stock market in the usual format - 24 hours a day, 7 days a week. No more expectations of the opening of trading sessions.
This is a huge step for the RWA (Real World Assets) sector. Institutional giants finally recognise that the future belongs to blockchain infrastructure and continuous liquidity. The boundary between the classic stock market and Web3 is being erased right before our eyes.
🚨 RED MARKET = TIME TO BUY? Analysis of ARB and ADA for today! 📉🔥
Friends, today we see a local drawdown, but let's look at the charts without panic. This is a classic cooling of overheated indicators after the most powerful recoilless growth in September. Smart money buys back such straits!
📊 What about the technique?
Both coins are currently testing their key support on the MA(7) moving average. The RSI index (on days) cools down from overheated 70+ to comfortable 60-63. This is an ideal zone for the formation of a local bottom and rebound.
💡 Trading setup for today (Intraday rebound):
🔵 Arbitrum (ARB)
After a crazy growth from $0.08 to $0.25, the token cooled down by 10% and is trading at $0.2178.
Input: current values ($0.2150 - $0.2180).
🎯 Goal (Profit for today/tomorrow): $0.2350 - $0.2450 (Potential +8-12%)
🛡 Stop loss: below $0.2050.
🟢 Cardano (ADA)
ADA adjusted by 7.8% to $0.2400, perfectly touching the support of MA(7) (about $0.2368). The seller is being depleted.
Entrance fee: from $0.2370 to $0.2400.
🎯 Target (Profit for today/tomorrow): $0.2520 - $0.2580 (Potential +5-7%)
$SAGA 🚀 is rushing up: +30% per day and a powerful breakdown! Analysis and profit goals
The SAGA/USDT pair demonstrates an aggressive bullish momentum on the daily timeframe, breaking out of the long accumulation zone from the minimum of $0.01278.
Buying "on the market" with an RSI above 90 carries an increased risk. It is safer to consider the selection of a position on the local recoil to the support zone of $0.0340 - $0.0360 (near MA7) with a stop below $0.0310.