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LINK faces key test at $21 Fibonacci confluence

Chainlink’s price is testing critical support at $21, aligned with the 0.618 Fibonacci retracement and moving averages. Holding this region could fuel a bullish rotation toward $26 and $30. Summary Chainlink is approaching critical support at $21, backed by 0.618 Fibonacci and moving averages. A reclaim of $26 resistance is required for continuation. Upside rotation…

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is a reversal to $1.19 next?

Cardano price is defending the $0.79 support, backed by Fibonacci confluence and the lower Bollinger Bands. Market structure remains bullish, with the next upside objective set at $1.19. Summary Cardano is holding $0.79 support, reinforced by Fibonacci and Bollinger Band confluence. Market structure remains bullish with consecutive higher highs and higher lows. Next upside target…

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The EU’s focus shifts to tokenizing RWAs

Europe’s next big crypto move won’t be MiCA 2.0. Instead, the European Commission is set to unveil proposals in December that aim to bring traditional financial assets onto blockchain. Summary The Commission’s upcoming SIU proposals are expected to include measures for tokenizing equities, bonds, and derivatives. The EU’s DLT Pilot Regime, launched in March 2023,…

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