Mutuum Finance (MUTM) Raises $19.6M in Presale Phase 7 at $0.04
- Strong Fundraising: Mutuum Finance has successfully raised $19.6 million in presale Phase 7, attracting over 18,660 wallet addresses, indicating strong investor confidence and market demand for the project.
- Price Growth Potential: The current token price is $0.04, with expectations for an increase to $0.045 in the next phase, suggesting that investors entering now could see substantial returns, as analysts predict the token could soar to $1.50 by 2025.
- Holding Rewards Mechanism: The platform's fee structure rewards holders by using fees from lending features to buy back MUTM tokens, appealing to investors seeking long-term gains and passive income, thereby enhancing the project's attractiveness.
- Market Promotion Activities: Mutuum Finance is conducting a $100,000 giveaway for ten winners and has a daily investment leaderboard contest, further incentivizing new investors to participate and increasing the project's visibility and activity in the market.
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Technical Analysis for DEFI
Technical Sentiment Analysis for DeFi (DEFI) As of , DeFi (DEFI) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 6 technical signals, shows that 3 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for DEFI 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, DEFI 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 $-.
DeFi (DEFI) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.000203 | 0.000249 | 0.000292 | 0.000338 | 0.000381 | 0.000427 | 0.00047 |
| Fibonacci | 0.000249 | 0.000283 | 0.000304 | 0.000338 | 0.000372 | 0.000393 | 0.000427 |
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