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Circle stock faces technical sell signal amid UAE license – TON BOT

Circle stock faces technical sell signal amid UAE license

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Circle stock showed signs of potential decline as a technical indicator signaled a sell opportunity, despite recent positive business developments for the stablecoin issuer. Circle shares saw a decline after hitting a sell signal on the TD Sequential indicator, erasing earlier gains this year. The company has expanded regulatory presence in the UAE and launched USDCx with enhanced privacy features through partnerships with Aleo blockchain and Bybit. Despite recent gains, market observers are cautious about USDC adoption and competition from Tether.

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