Circle Denies False Claims About New CircleMetals Platform
- False Platform Claims: Circle has officially stated that the claims regarding its new CircleMetals platform offering tokenized gold and silver trading are untrue, demonstrating the company's commitment to maintaining brand integrity in the face of misinformation.
- Security Risk Warning: Experts caution that connecting wallets to unverified sites could lead to asset theft, highlighting the critical importance of security in the cryptocurrency space, especially when new platforms claim to offer 24/7 trading services.
- Token Authenticity Concerns: Despite claims that the GLDC and SILC tokens are linked to COMEX liquidity, the lack of verification on major data platforms reflects a cautious market attitude towards emerging crypto assets, emphasizing the need for due diligence.
- Brand Image Protection: The use of Circle's branding and quotes from CEO Jeremy Allaire, although failing to substantiate the platform's legitimacy, illustrates the company's proactive strategy in addressing false information to protect user trust and market position.
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Technical Analysis for ALT
Technical Sentiment Analysis for Altlayer (ALT) As of , Altlayer (ALT) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 1 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for ALT 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, ALT 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 $-.
Altlayer (ALT) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.00305 | 0.00497 | 0.0069 | 0.00882 | 0.0107 | 0.0127 | 0.0146 |
| Fibonacci | 0.00497 | 0.00644 | 0.00735 | 0.00882 | 0.0103 | 0.0112 | 0.0127 |
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