Binance Makes Significant Move in Crypto Market by Removing Altcoins
Delisting Announcement: Binance will delist Flamingo (FLM), Kadena (KDA), and Perpetual Protocol (PERP) from its platform, ceasing all spot trading pairs on November 12, 2025, due to non-compliance with performance and security standards.
Evaluation Criteria: The decision was based on a comprehensive review process that assessed technical, ethical, and community factors, including project team commitment, development quality, trading volumes, and regulatory adherence.
User Security Focus: Binance emphasized that user security and market integrity are top priorities, and the delisting reflects a tightening regulatory environment that necessitates stricter listing criteria for cryptocurrencies.
Industry Impact: This move may prompt other exchanges to reassess their listing standards, highlighting the importance of project robustness and transparency in the evolving cryptocurrency market.
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Technical Analysis for ALT
Technical Sentiment Analysis for Altlayer (ALT) As of , Altlayer (ALT) 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 ALT 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, ALT 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 $-.
Altlayer (ALT) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.00321 | 0.00506 | 0.00706 | 0.00891 | 0.0109 | 0.0128 | 0.0148 |
| Fibonacci | 0.00506 | 0.00653 | 0.00743 | 0.00891 | 0.0104 | 0.0113 | 0.0128 |
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