ForecastFDN Brings Perps Efficiency to Base Without Debt or Liquidations
ForecastFDN has launched its new prediction market-based perpetual futures crypto primitive on Base. This innovative product delivers perps efficiency without debt or liquidations for Bitcoin and other assets. The launch is significant as it aims to provide a more secure and stable way of trading cryptocurrencies.
The current price of BTC is $63,013.4, with the upper resistance at $63,395.79 and lower support at $62,799.84. However, despite being within Bollinger Bands, the 4-hour structure shows bearish signs as the price sits below the EMA50 at $63,559.67 and EMA200 at $63,673.2.
The Relative Strength Index (RSI) is at 40.02, indicating a neutral sentiment. Meanwhile, the Moving Average Convergence Divergence (MACD) shows a bullish golden cross at -177.93, suggesting a potential test of the 50-EMA before any continuation higher amid the ForecastFDN no liquidation perps Base rollout.