Fed Grants Crypto and Fintech Firms Access to Payment System
📊 COIN — Piyasa Yorumu
▲ up · 60%The news signals a regulatory improvement for crypto companies such as Coinbase, which could act as a positive catalyst for the stock. Technically, the RSI at 42.7 is near oversold territory, and the MACD is above the signal line, indicating potential for a short-term recovery. However, as the price trades below both the 20-day and 50-day moving averages, the upside may remain limited. Despite the 3% decline in the last close, the positive sentiment from the news and weak recovery signals in technical indicators increase the likelihood of the stock moving sideways or slightly upward in the short term.
📊 MARA — Piyasa Yorumu
▲ up · 65%The news signals a positive regulatory step for crypto and fintech companies, which is broadly supportive for crypto mining firms like MARA. Technical indicators also back this bullish outlook: the RSI is at 59.4, trending upward in neutral territory, the MACD is above its signal line, and the price is above both the 20-day and 50-day moving averages. The 4.3% gain over the past 24 hours suggests short-term momentum could continue. However, the bullish expectation is limited to moderate confidence due to uncertainty over whether the market has fully priced in the news and the overall market conditions.
📊 RIOT — Piyasa Yorumu
▲ up · 60%The news signals a positive regulatory step for crypto and fintech companies, which could indirectly benefit crypto mining firms like RIOT. On the technical indicators, the RSI is at 53, in neutral territory, while the MACD shows a slight bullish trend above the signal line. The price is trading above the SMA20 but just below the SMA50, indicating a resistance zone in the short term. With the positive impact of the news, the price may test the SMA50, but it should be noted that the upside could be limited.