StraitsX: Agentic Payments Hackathon Closes on AVAX
StraitsX Agentic Playground submissions close 11am on AVAX with $XSGD card flows, while AVAX trades at $6.34 amid bearish EMA structure.
SourceAnalysis
StraitsX Agentic Playground submissions close at 11am as teams race to merge agentic protocols with card payments on AVAX, funding wallets in $XSGD and executing merchant checkout flows under real mandates. Daniel Oon highlighted the gap between hundreds of thousands of protocol users and hundreds of millions of card users, with mentors from AvaxDevelopers, awscloud and EtheneLabs guiding builders on identity, verifiable mandates and settlement proofs. AVAX price action shows a bearish trend with price at $6.34 sitting below EMA50 at $6.47 and EMA200 at $6.53 while MACD prints a death cross at 0.0; RSI at 43.04 remains neutral inside the Bollinger band between $6.25 support and $6.69 resistance, suggesting any near-term bounce attempt at upper band resistance will likely meet selling pressure before a test of the 50-EMA level.
Daniel Oon
@EauDoonHead of DeFi @0xPolygon Labs | @0xPolygonDeFi | Former @AlgoFoundation @Tezos @Deloitte