Binance Implements Key Delisting Plan Impacting Significant Altcoins
Delisting Announcement: Binance will delist Flamingo (FLM), Kadena (KDA), and Perpetual Protocol (PERP) from its platform, halting trading on November 12, 2025, due to non-compliance with performance and regulatory standards.
Evaluation Criteria: The decision was based on an in-depth review of technical, ethical factors, community engagement, and project team dedication, emphasizing the importance of sustainability and security in listed cryptocurrencies.
Market Impact: The cessation of trading for these altcoins is part of Binance's broader strategy to enhance user protection and market integrity amid increasing regulatory scrutiny, potentially influencing other exchanges to reassess their listing criteria.
Industry Implications: Binance's actions may set a precedent for stricter compliance measures across the cryptocurrency market, promoting transparency and robust project foundations as essential elements for future listings.
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Technical Analysis for PERP
Technical Sentiment Analysis for Perpetual Protocol (PERP) As of , Perpetual Protocol (PERP) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 7 technical signals, shows that 3 indicators are flashing buy, while 4 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for PERP 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, PERP 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 $-.
Perpetual Protocol (PERP) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.00503 | 0.014 | 0.0201 | 0.0291 | 0.0352 | 0.0442 | 0.0503 |
| Fibonacci | 0.014 | 0.0197 | 0.0233 | 0.0291 | 0.0348 | 0.0384 | 0.0442 |
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