Falcon Finance Partners with Backed to Launch Onchain Yield from Tokenized Stocks (28 Oct)
Partnership Announcement: Falcon Finance has partnered with Backed to integrate xStocks into its collateral framework, enabling the first real-world equity integration that allows tokenized stocks to become yield-bearing assets in DeFi.
Tokenized Equities: The integration allows Falcon users to mint USDf using compliant tokenized equities like TSLAx and NVDAx, providing direct economic exposure to real stocks while maintaining the flexibility of ERC-20 and SPL tokens.
DeFi and Traditional Finance Bridge: This collaboration represents a significant step in connecting regulated financial instruments with decentralized finance, allowing users to leverage low-volatility real-world assets for liquidity in the DeFi space.
Growth and Transparency: Falcon Finance's synthetic dollar, USDf, has surpassed $2.1 billion in supply, backed by over $2.25 billion in reserves, with regular audits ensuring transparency and compliance in the growing market of tokenized real-world assets.
Get Real-Time Alerts for Any Crypto Movement
Technical Analysis for LINK
Technical Sentiment Analysis for Chainlink (LINK) As of , Chainlink (LINK) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 3 technical signals, shows that 0 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for LINK 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, LINK 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 $-.
Chainlink (LINK) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 3.549 | 5.35 | 7.239 | 9.04 | 10.929 | 12.73 | 14.619 |
| Fibonacci | 5.35 | 6.759 | 7.63 | 9.04 | 10.449 | 11.32 | 12.73 |
About LINK
About the author
