Stream Fund Reports $93M Loss, Suspends Operations Temporarily
Stream Finance Losses: Stream Finance reported a loss of approximately $93 million from its managed assets, leading to the suspension of all withdrawals and deposits while engaging legal experts for an investigation.
Depegging of xUSD: The stablecoin Staked Stream USD (xUSD) experienced a significant depegging, dropping 63% in value within a day, raising concerns about Stream's asset management and transparency practices.
Liquidity and Leverage Issues: The platform's leveraged positions and reliance on outdated pricing oracles exacerbated risks during a liquidity crunch, highlighting the need for real-time asset visibility and better risk management.
Industry Debate on Transparency: The incident has sparked discussions about the transparency and over-leverage of DeFi platforms, emphasizing the importance of oversight and the risks investors face due to limited information.
Get Real-Time Alerts for Any Crypto Movement
Technical Analysis for XUSD
Technical Sentiment Analysis for StraitsX USD (XUSD) As of , StraitsX USD (XUSD) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 7 technical signals, shows that 6 indicators are flashing buy, while 1 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for XUSD 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, XUSD 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 $-.
StraitsX USD (XUSD) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.735 | 0.867 | 0.934 | 1.067 | 1.134 | 1.267 | 1.333 |
| Fibonacci | 0.867 | 0.944 | 0.991 | 1.067 | 1.143 | 1.19 | 1.267 |
About XUSD
About the author









