Cardano stablecoins: USDA and Djed
Introduction
In recent years, stablecoins have come under increased scrutiny of regulators. The main concerns are the principles of operation of algorithmic stablecoins, the transparency of reserves, and the adequacy of the centralized stablecoins provision.
Incredibly often, the problems were discussed after the collapse...
Bearish divergence is quite obvious on this stock so I think we shall have a retrace from the highs.
Good signal will be if 20ma is lost and doesn't hold.