ARB/ USDT NEXT MONTHLY
POSIBAL MOVE
Next Possible Move on Monthly Candle for ARB/USDT:
1. Technical Analysis:
✅ Support Levels:
0.346 is a key support level, as it is the recent six-month low.
If the price falls below this, the next possible support is around 0.333 or lower.
✅ Resistance Levels:
The nearest resistance is at 0.579 (last month's low).
Above this, 0.674 - 0.721 will act as a strong resistance zone.
✅ Indicator Analysis:
RSI (6) = 32.9 → Near the oversold zone, meaning a possible small bounce.
MACD is negative → Indicating a higher chance of further decline unless strong buying comes in.
MA(5) and MA(10) are trending downward → Suggesting continued bearish momentum.
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2. Next Possible Moves (Scenarios):
📉 Bearish Scenario (More Likely)
If the price breaks below 0.346, it could drop further to 0.333 - 0.310.
The current downward trend remains strong, and further selling pressure could push it lower.
MACD being negative confirms the weakness.
📈 Bullish Scenario (Less Likely)
If the price holds 0.346 as support and bounces, it could rise toward 0.579.
To go higher, it must break 0.674 - 0.721, which seems difficult under current market conditions.
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3. Conclusion:
Higher Probability: The price may drop further, especially toward 0.333 - 0.310.
Lower Probability: If buyers step in, a small bounce could happen, but strong resistance at 0.579 - 0.674 may stop further growth.
Best Approach: Wait and watch—if 0.346 support breaks, expect more downside.
📌 Caution: Wait for more confirmation before entering a position, as bearish pressure is still dominant.
Ondo Finance Launches RWA Campaign on NAVI Protocol to Drive Adoption of USDY
Ondo Finance has launched a campaign on Sui’s NAVI Protocol to drive adoption of its yield-bearing stablecoin USDY.
Ondo Finance (ONDO) has launched a new campaign in collaboration with NAVI Protocol, aiming to encourage more people to use its stablecoin USDY, a tokenized US Treasury yield coin by Ondo Finance. Running from Feb. 26 to March 12, the initiative offers participants a chance to earn rewards by supplying liquidity for USD (depositing it into NAVI Protocol).
Participants earn points based on their liquidity contributions, making them eligible for a share of the rewards, which will be paid in NAVX and USDY. The campaign has a total reward pool of $35,000. The top 100 participants will share $10,000, while an additional $25,000 will be distributed among 2,500 more winners.
USDY is a special type of stablecoin created by Ondo Finance that earns daily interest. Unlike regular stablecoins like Tether (USDT) or USD Coin (USDC), which just hold their value, USDY is backed by US Treasury bills and bank deposits. Because it’s backed by yield-generating assets, it automatically generates yield for its holders. This effectively makes USDY an on-chain alternative to holding cash in a savings bank account or investing in money market funds.
Since USDY earns yield without requiring staking or locking, it’s becoming an attractive stablecoin alternative in DeFi as it allows users to earn yield without taking on crypto volatility risks. Since it operates on the blockchain, it can also be used in DeFi for lending and borrowing.
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USDY was first introduced on the Sui blockchain in March 2024. Later, it was expanded to other networks, launching on the Cosmos ecosystem via Noble in July 2024, the Aptos blockchain in Dec. 2024, and Arbitrum (ARB) in August 2024. Earlier in Feb., USDY also launched on the Stellar (XLM) network in the coming months.
Apart from NAVI Protocol, several other protocols on Sui, namely Aftermath Finance, Cetus, Typus Finance, Bucket Protocol, Turbos, and KriyaDEX, have integrated USDY.
Among other DeFi platforms, USDY was integrated on BounceBit and Injective (INJ), offering users seamless exposure to USDY’s yields. Drift Protocol enabled users to use USDY as collateral for perpetual trading on Solana (SOL).
According to Coinmarketcap, as of Feb. 26, USDY has a market capitalization of around $382 million.
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Crypto Slump: Altcoin Prices Fall — Are VCs & Traders Finding Deals?
Bitcoin dropped below 90k
Bybit suffered a theft of approximately $1.5 billion
Binance appears to be engaging in an unexpected and rapid sell-off of ETH
The latest downturn in the cryptocurrency market has affected many altcoins such as Ethena (ENA), Stacks (STX), Worldcoin (WLD), Artificial Superintelligence Alliance (FET), Immutable (IMX), Theta Network (THETA), JasmyCoin (JASMY), Arbitrum (ARB), and Pyth Network (PYTH).
There could be several reasons for this, but it could also be just a normal price action. However, there’s no denying that wider global events (in and out of crypto) have for sure played a part.
Bitcoin’s Weakness and Economic Worries
For instance, even Bitcoin went below 90k for the first time since November last year, so it’s expected that the lesser known crypto coins will suffer too.
Some experts believe that Bitcoin’s price fluctuations (as well as altcoins’) are likely influenced by current global economic uncertainties affecting most financial markets, largely stemming from Donald Trump’s announced tariffs.
Additionally, rising inflation and potential interest rate hikes have further dampened investor confidence…
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