Radiant Capital, an omnichain lending protocol, was scheduled to launch on the Ethereum mainnet, on Tuesday, October 3 but in the end it postponed the
event. Notably, there are $70 billion in stablecoins on Ethereum tokens that had been allocated to the Radiant DAO from Arbitrum’s airdrop, the Radiant ecosystem will be holding a decentralized autonomous organization vote to decide on distribution.
The Relative Strength Index remains above 50, with the likelihood of pulling back north to execute an uptrend. The Awesome Oscillators are also bullish, with their histogram bars steady high in the positive territory.Conversely, a decisive break and close below the $0.2029 level would establish a lower low relative to the last lower high, potentially commencing a new downtrend and invalidating the bullish outlook. This could see Radiant Capital price revisit the swing low at $0.1904.
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