Ledger Launches Direct Cash to Stablecoin Conversion with Zero Fees
- Direct Conversion Feature: Ledger's partnership with Noah introduces a direct cash to stablecoin conversion feature, allowing users to deposit euros or dollars directly into Ledger Wallet, with funds converting to stablecoins in seconds, significantly enhancing liquidity and user experience.
- Cost Advantage: By receiving fiat directly, users avoid multiple exchange fees, with Ledger launching the feature with zero processing fees and a clear low fee structure thereafter, thereby improving transaction efficiency for frequent users.
- Rapid Settlement: The new feature reduces settlement times from days to seconds, facilitating cross-border payments and instant fund conversions, addressing user demands for fast transactions and further promoting the everyday use of digital assets.
- Enhanced Security: The collaboration with 1inch increases transparency during transaction signing, allowing users to clearly see what they are approving and receive alerts for suspicious transactions, thereby reducing the risk of errors or malicious activities and boosting user confidence.
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Technical Analysis for STABLE
Technical Sentiment Analysis for (STABLE) As of , (STABLE) is exhibiting a Buy technical sentiment. Our proprietary analysis, which aggregates 6 technical signals, shows that 4 indicators are flashing buy, while 2 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for STABLE 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, STABLE 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 $-.
(STABLE) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | -0.00289 | 0.00632 | 0.0143 | 0.0235 | 0.0315 | 0.0407 | 0.0486 |
| Fibonacci | 0.00632 | 0.0129 | 0.0169 | 0.0235 | 0.0301 | 0.0341 | 0.0407 |
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