Binance Announces Plan To List First MiCA Regulated Euro Stablecoins, Eurite (EURI)
Binance Lists Eurite (EURI): Binance has announced the listing of Eurite (EURI), a MiCA-compliant Euro stablecoin, with trading pairs EUR/EURI and EURI/USDT starting on August 28, 2024. Deposits will begin on August 29, but access is limited to users in the EU region.
Zero-Fee Promotion: To celebrate the launch of EURI, Binance will offer a zero-fee promotion for these trading pairs starting from August 28, enhancing the appeal of this bank-backed stablecoin, which aims to provide stability and efficiency in financial transactions.
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Technical Analysis for EURI
Technical Sentiment Analysis for Eurite (EURI) As of , Eurite (EURI) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 7 technical signals, shows that 6 indicators are flashing buy, while 1 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for EURI 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 stock.
Support, Resistance & Moving Averages From a structural perspective, EURI 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 $-.
Eurite (EURI) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 1.164 | 1.17 | 1.176 | 1.182 | 1.188 | 1.194 | 1.199 |
| Fibonacci | 1.17 | 1.175 | 1.177 | 1.182 | 1.186 | 1.189 | 1.194 |
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