Eurite (EURI) is a 1:1 EUR-backed stablecoin regulated by the Markets in Crypto-Assets Regulation (MiCA) in the EEA.

1. Basic Info

SymbolEURI
NameEurite
Web Sitehttps://www.eurite.com
Explorerhttps://etherscan.io/token/0x9d1a7a3191102e9f900faa10540837ba84dcbae7,https://bscscan.com/token/0x9d1a7a3191102e9f900faa10540837ba84dcbae7
Supply32130605
TotalNone
Market Cap33156077.1609922
White Paper
Release Date2024-08-28

2. Technical Analysis

2.1 Kline Price Chart

2.2 Analysis

The trend suggests a consolidation phase with a downward bias. The price has been ranging within a narrow band, showing indecision in the market. Volume is average, indicating a lack of significant interest in taking strong positions. A potential bearish trend reversal might be developing, but further price action is required to confirm this.