FxWirePro: EUR/ NZD dips below lower range, bearish bias increases 
Ethereum Tumbles Below $2K: Bears Eye $1,700 as All Key EMAs Flip Red 
FxWirePro- Major Crypto levels and bias summary 
Aussie Yen Breaks 114 Barrier: Bulls Lock Horns With Resistance, Eyes on 115 Summit 
Ether Breaks Below $2,100: Triple EMA “Sell-the-Rally” Setup Targets $1,900 
Bitcoin Bleeds $704M in ETF Outflows as Institutional Exodus Accelerates 
Bitcoin Cracks $75K as $1.3B ETF Exodus and Middle East Jitters Spook Bulls; Bears Eye $70K 
FxWirePro: EUR/AUD downward momentum remains in place 
FxWirePro: USD/CAD slips as Canadian dollar firms on hopes for US-Iran ceasefire deal 
 - EconoTimes)
Blend is a peer-to-peer Blur's perpetual lending platform that supports arbitrary collateral, including NFTs. It allows users to borrow ETH with NFT collateral. Blend Protocol contends that privacy is equally vital in this equation.
Competitive analysis
|
|
Blend |
HOUDINI Swap |
flyp.me |
Fixed Float |
|
Transaction cost (%) |
0.3 |
0.45 |
1 |
0.50-1 |
|
Revenue Share |
yes |
NA |
yes |
yes |
|
Fee-free program |
yes |
NA |
NA |
NA |
|
Staking |
Yes |
Yes |
NA |
NA |
BLURUSD prices surged more than 25% in the past two days. It hit a high of $0.755 and currently trading around $0.7386. The pair is holding well above the short-term (21 and 55-day EMA) and long-term moving average (200-day EMA).
The near-term resistance is around $0.80, any indicative breach above will take the pair to $1/$1.25. On the lower side, immediate support is $0.69, and any violation below target is $0.600/$0.500.
Indicators ( Daily chart)
CCI(50)- Bullish
Directional movement index - Bullish
It is good to buy on dips around $0.60 with SL around $0.50 for TP of $1/$1.25.
