Binance Adds 11 Tokens To The Monitoring Tag List
- Binance Monitoring Tag Update: Binance has extended the Monitoring Tag to include 11 new tokens, while removing it for Enzyme (MLN) and Horizon (ZEN).
- Tokens Added to Monitoring Tag List: The newly added tokens under the Monitoring Tag list are Balancer, Cortex, PowerPool, Convex Finance, Dock, Kava Lend, IRISnet, MovieBloc, Polkastarter, Status, and Sun.
- Risk and Delisting Concerns: Tokens with the Monitoring Tag face higher volatility and risk, potentially leading to delisting if they no longer meet Binance's criteria.
- User Requirements: Traders must pass a quiz every 90 days and accept the Terms of Use to access these tagged tokens on Binance Spot and Margin platforms.
- Review Criteria and Transparency: Binance conducts periodic reviews based on various criteria like team commitment, development activity, trading volume, network stability, and ethical conduct to maintain a healthy crypto ecosystem.
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Technical Analysis for CVX
Technical Sentiment Analysis for Convex Finance (CVX) As of , Convex Finance (CVX) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 1 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for CVX stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, CVX is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Convex Finance (CVX) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.789 | 1.116 | 1.468 | 1.795 | 2.147 | 2.474 | 2.826 |
| Fibonacci | 1.116 | 1.375 | 1.535 | 1.795 | 2.054 | 2.214 | 2.474 |
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