Senate to Markup Digital Asset Market Clarity Act on January 15
- Markup Schedule Confirmed: The Senate Banking Committee has officially scheduled the markup for the Digital Asset Market Clarity Act on January 15 at 10 AM ET, indicating strong bipartisan support after several amendments have been made to the bill.
- Key Deadlines: The notice outlines that the manager's amendment will be circulated on January 12, with all member amendments due by January 13, ensuring committee members have adequate time to review proposed changes before the markup.
- Accelerated Legislative Process: This markup signifies a shift towards the House version of the bill, potentially expediting the legislative process and reflecting the urgent need for clear crypto regulations in the U.S.
- Controversies and Cooperation: While the bill aims to provide clear rules to help the U.S. become a global leader in digital assets, certain provisions, particularly those regarding decentralized finance, remain contentious, sparking debates among lawmakers and industry stakeholders.
Get Real-Time Alerts for Any Crypto Movement
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 7 technical signals, shows that 4 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 | 0.000204 | 0.000249 | 0.000293 | 0.000338 | 0.000382 | 0.000427 | 0.000471 |
| Fibonacci | 0.000249 | 0.000283 | 0.000304 | 0.000338 | 0.000372 | 0.000393 | 0.000427 |
About DEFI
About the author
