Redacted and Tenset Unveil Strategic Merger to Lead Next-Gen Real-World Asset Innovations in Web3 (28 Oct)
Merger Announcement: Redacted Group and Tenset have merged to create a powerful Web3 ecosystem aimed at capturing the Real-World Asset (RWA) market, leveraging Tenset's infrastructure and Redacted's network to democratize access to opportunities in film financing, real estate, and mezzanine lending.
CineFi Launch: The combined platform will debut with CineFi, a decentralized film financing technology that partners with Mugafi to provide vetted investment opportunities, targeting a $20B+ market in RWA.
Strategic Expansion: The merger will focus on multiple RWA verticals, including film financing, real estate, and mezzanine loans, emphasizing access to previously untapped markets and sustainable growth backed by tangible assets.
Community Benefits: Existing communities of both Tenset and Redacted will receive priority access to new opportunities, with the $RDAC token providing holders with exclusive access to RWA offerings and potential growth across the ecosystem.
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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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