Recent Developments & Regulatory Foundations
Eurite, trading under the ticker EURI and issued by Banking Circle S.A., stands out as one of the first euro-pegged stablecoins to receive full regulatory approval under the EU’s MiCA framework. The token runs on both Ethereum as an ERC-20 and BNB Smart Chain as a BEP-20, with every EURI backed one-to-one by euros held in segregated accounts protected from bankruptcy risk. Independent auditors like PeckShield regularly review the project, which places heavy emphasis on transparency, regulatory compliance, and allowing holders to redeem their tokens at face value. These features matter more than ever as EU exchanges gradually drop stablecoins that don’t meet MiCA standards, including USDT.
Strategic partnerships are giving EURI real momentum on the demand side. Back in October 2025, EURI became part of the Better Payment Network on BNB Chain, supported by a substantial $50 million investment aimed at enabling quick cross-border settlements while slashing transaction costs. That said, there’s been some chatter about nearly 10% of EURI’s total supply moving to Binance around mid-2025, which has understandably raised eyebrows about potential short-term price swings driven by large holders.
Current Price & Technical Indicators
Right now, EURI is changing hands at roughly $1.17691, up about 0.041 over the past 24 hours. Looking at daily pivot points, traders are watching resistance levels between $1.1787 and $1.1799, with support sitting around $1.1760 to $1.1765.
Zooming into the 4-hour chart, the technical picture looks pretty neutral with a slight bearish tilt in the near term. The RSI is hovering around 47.5, which tells us there’s no strong buying pressure building up. The MACD histogram has dipped into slightly negative territory, with the MACD line sitting below its signal line—another sign of mild downward momentum. Both the simple and exponential moving averages for this period are hanging around $1.17835 and $1.17811, just a hair above where the price currently sits.
Sideways Range & Volume Context
Over the last day, EURI has been stuck in a pretty tight trading band between $1.1722 and $1.1728 without any clear breakout, even when volume picked up here and there. The Bollinger Bands have tightened up, and price action keeps bouncing around the 50-period moving average—all classic signs of a neutral market. It looks like most traders are sitting on the sidelines right now, waiting for a clearer signal before making their next move.
Forecast Scenarios & Price Projections
Since EURI is fundamentally a stablecoin with solid regulatory backing, we shouldn’t expect dramatic price swings. Any movement will likely come from shifts in demand rather than pure speculation. The key resistance zone sits near $1.1785–$1.1800; if the price manages to break cleanly above that level and hold, we could see it push toward $1.182–$1.185. On the downside, if support at $1.1760–$1.1720 fails to hold, we might see a gentle pullback toward $1.1700.
Looking further ahead over the coming weeks and months, EURI’s price should mainly track the euro/dollar exchange rate along with any changes in EU stablecoin regulations. If institutional adoption picks up steam—especially through channels like the BPN integration—we might see brief periods where EURI trades at a modest premium above $1.18. On the flip side, large supply dumps onto exchanges could trigger temporary drops toward $0.98–$1.00 in worst-case scenarios, though MiCA’s redemption structure and transparent reserve backing should help cushion any major downturns.
