Radiant (RDNT)

Capital in DeFi is extremely fragmented across chains, evidenced by the dozens of different money markets, all with their own liquidity. Radiant aims to be the first omnichain money market where users can deposit any major asset on any major chain and borrow various supported assets across multiple chains.Radiant’s cross-chain interoperability functions atop Layer Zero, with v1 leveraging Stargate’s stable router interface. For example, lenders may reclaim their collateral and can direct which chain to withdraw funds from and what percentage they’d like sent to each chain.Radiant focuses on core offerings resilient to oracle manipulation and leverages the 2M+ already spent in security audits executed by Layer Zero & Stargate. In addition, Radiant has been fully audited by Zokyo and PeckShield.

1. RDNT Basic Info

2. RDNT Technical Info

2.1 RDNT Kline Chart Price

2.2 RDNT Technical Analysis

Short-term: The price is likely to experience continued volatility with a potential for a slight bearish trend. There could be periods of consolidation within a narrow range. Expecting a minor correction or a sideways movement in the immediate future.

Mid-term: A further decline is more probable, especially if the current support level is broken. Increased trading volume during this period may intensify the downward pressure, and the price might test lower support levels.

Long-term: The asset is likely to be range-bound. After this period, consolidation and retesting of the initial support may happen. While there is a bearish sentiment in the short and mid-term, a long-term bullish trend is anticipated with gradual recovery.