Ribbon Finance #RBN Inverse Head & ShouldersIt's #DEFI
Defi season hasn't really kicked off yet --- but it will
I mean that is literally one of th big Goals of #crypto right?
To decentralise Finance?!
I've mentioned Ribbon previously as a token to watch
So we have a potential breakout & neckline retest going on right now
Could be an opportunity.
As always
your risk
your reward
RBN
RBN showing a strong Momentum and ready to fly BTC.D seems to be losing its grip, breaking down from the rising wedge on the weekly TF. But fear not! 📉 As the dominant coin falters, a surge of strength emerges in the realm of high-volume projects. 🌊 Check the relative strength: two weeks of steady positivity! Amidst this dynamic landscape, RBN (Ribbon Finance) shines bright on my radar. 🚀 Keep an eye on the money flow from DEFI and DEX wallets – it's a key indicator signaling potential gains. 💰 #Crypto #RBN #DeFi #Trading"
Massive Conversions ---- RBNBased on the rebranding, AEVO recently started the conversion with RBN. The conversion ratio is 1:1. This provides traders with significant basis arbitrage opportunities. Although it is a rebranding, RBN's main product is the option vault, which transforms the option seller market into vaults to provide continuous yield. In addition to options, AEVO provides Pre-market and Perptual markets to attract more funds.
From a business perspective, the launch of AEVO not only consumed the buyer demand for Ribbon’s options, but also became the main pre-market in EVM chains. The rebranding was successful.
But in terms of price , perhaps the decline is still not over. We use RBNUSDT to ensure that there is sufficient data to support the indicator signal. At present, RBN has given up all the benefits brought by the token conversion. And the trading volume gradually increased during the decline.
Judging from the TSB indicator, after a long bullish trend, the TSB indicator gave a SELL signal on April 23. RBN then entered a bearish trend and the column remained below the wavy zone. This indicates that the bearish trend will continue.
Introduction to indicators:
Trend Sentinel Barrier (TSB) is a trend indicator, using AI algorithm to calculate the cumulative trading volume of bulls and bears, identify trend direction and opportunities, and calculate short-term average cost in combination with changes of turnover ratio in multi-period trends, so as to grasp the profit from the trend more effectively without being cheated.
KDMM (KD Momentum Matrix) is not only a momentum indicator, but also a short-term indicator. It divides the movement of the candle into long and short term trends, as well as bullish and bearish momentum. It identifies the points where the bullish and bearish momentum increases and weakens, and effectively capture profits.
Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies.
Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
RBN/USDT 1D. Accumulation. Fake-out. Back to the channel.Ribbon Finance Secondary and main trends.
As on many cryptos from the beginning of trading history - downtrend. Then breakout of this downtrend and horizontal accumulation channel started to form(stop of price drop).
This channel is lasting for more than 400 days already. This is more than a year already.
Notice that there was a fake-out of this accumulation channel and then price turned back to it. This is a very positive sign for potential bullish price movements.
As for now there has been a downtrend in a secondary trend formed which can be noticed by downtrend line(red on the chart) in this secondary trend.
This downtrend was recently broke above and now we can observe the retest of it.
From the ATL(all time low) - price has moved for 70% already. More of 70% potential is hidden above to the resistance of this horizontal channel.
Then the middle-long term potential is about 400%. I would say about half a year-year for such potential quite real.
The project is going to fully rebrend on AEVO which is why i paid my attention to it and it's certainly a bullish sign also.
The asset can be traded on coinbase, gate and bitget.
How can traders make money on the asset tokenization trend?Asset tokenization is one of the most understandable applications for crypto technology. Various consulting and analytical companies estimate that the capitalization of tokenized assets will be around $3-4 billion by 2030.
Tokenized assets have no value and have no use without products that utilize these assets to create financial relationships and opportunities. Products that use tokenized assets in their operations are called Real World Assets (RWA). The essence of RWAs is to create a method for tokenization and a financial mechanism within the product that all participants will get value from.
How to make money?
Every RWA product has or will have its own native token. The project token will be the easiest way to earn. In fact, any trader knows how to trade tokens, so we will not give any recommendations, you already know everything very well.
We will highlight the most interesting projects, where tokens can give the most profit, so you don't have to spend much time searching and researching.
Top RWA narrative projects with a token
1. $CPOOl – loans to institutions
2. $GFI – RealFi lending protocol
3. $MPL – corporate lending protocol
4. $RBN – market maker lending
5. $TRU – lending protocol
6. $ONDO – U.S. Treasury bond trading
Top RWA narrative projects without a token
1. Backed Finance – derivative tokens of real world assets (S&P500, T-bills, TSLA, AAPL, etc.)
2. Carapace Finance – marketplace for crypto loan default risks
3. Florence Finance – European SME lending protocol
4. HomeCoin – mortgage secured lending
5. Jia – small and medium business lending in Africa and Asia
6. LandX – lending to farmers in exchange for a portion of their future harvest
7. Parcl – real estate trading around the world
8. Sapling – lending to banks in developing countries
What can you do now?
Add tokenized projects to the watchlist on TradingView and keep an eye out for trading opportunities
Keep up with news and changes in RWA and tokenization
Look for promising new projects
Read our idea about ZK Narrative
Check links below and start trading with us
Thanks for reading! Waiting for your comments about RWA projects
Ribbon Finance: Price Action AnalysisHere's a breakdown of Ribbon Finance (RBN) volume-spread analysis. All signs are pointing north. Let's see if it can keep the momentum and take us up to the golden Fibonacci profit target. I set limit sells at the .272 and .618 junctures and don't risk holding past the bear orderblocks hovering above those points, especially above the 1.618% which closes out liquidity void #2 as indicated on the chart. Better to be safe than sorry!
**Be sure to subscribe for more clean, accurate, easy-to-follow swing charts with high win ratios (80-85% average). I trade crypto fulltime and handpick all the runners myself after conducting a series of volume-to-spread reads and Wyckoff schematic comparisons.
Not financial advice. Always DYOR and trade at your own risk.