Ledger Considers New York Stock Exchange Listing as Crypto Hacks Increase
IPO Plans: Ledger, a leading crypto hardware wallet provider, is considering a New York IPO in 2025 following a record year driven by increasing demand for secure crypto storage amid rising hacking incidents.
Market Confidence: The anticipated listing has enhanced Ledger's market profile, reflecting strong institutional and retail trust in its security solutions as demand for hardware wallets surges due to a spike in crypto-related crimes.
Strategic Growth: CEO Pascal Gauthier emphasizes that the growing threat of hacking necessitates Ledger's expansion and aligns its financial strategy with U.S. capital opportunities, highlighting a shift in focus from Europe.
Cybersecurity Context: Previous cybersecurity breaches, including the 2022 FTX collapse, underline the importance of security in the crypto sector, reinforcing Ledger's position as a global leader in crypto security amidst increasing investor interest.
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Technical Analysis for
Technical Sentiment Analysis for () As of , () is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 0 technical signals, shows that 0 indicators are flashing buy, while 0 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for 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, 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 $-.
() Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | - | - | - | - | - | - | - |
| Fibonacci | - | - | - | - | - | - | - |
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