LINE Corporation: Plugs Into IXS for RWAs

Japan's LINE Corporation, boasting 196 million users, sought seamless access to real-world assets (RWAs) but lacked the necessary licenses and infrastructure, prompting them to integrate directly with IXS for efficient rails and compliance solutions in the evolving crypto market.

As a senior macro-crypto prop trader eyeing institutional flows, I see IXS grinding through a bullish trend on the 4-hour chart, with price hugging the EMA50 at $0.08 as immediate support while the EMA200 at $0.07 anchors longer-term bullish structure; yet the MACD death cross at 0.0 signals bearish momentum exhaustion, and with RSI neutral at 55.74, price trading inside Bollinger Bands—upper resistance at $0.09 capping upside and lower support at $0.08 holding firm—expect a tactical pullback to test EMA confluence before resuming the grind higher, especially amid broader Bitcoin (BTC) hype driving RWA adoption.